P10 (NYSE:RPC) Reaches New 52-Week Low – Here’s Why

P10, Inc. (NYSE:RPC) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $8.12 and last traded at $8.12, with a volume of 106983 shares trading hands. The stock had previously closed at $8.51.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on RPC shares. Barclays lowered their price target on shares of P10 from $13.00 to $11.00 and set an “overweight” rating on the stock in a report on Friday, February 13th. Weiss Ratings initiated coverage on shares of P10 in a research note on Thursday, February 12th. They issued a “hold (c)” rating on the stock. Finally, Zacks Research upgraded shares of P10 from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $11.00.

P10 Stock Performance

The company has a debt-to-equity ratio of 0.99, a current ratio of 2.50 and a quick ratio of 2.50. The firm has a market cap of $884.48 million, a price-to-earnings ratio of 44.67 and a beta of 0.80.

About P10

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.