Market Recap: Expro Group Holdings N.V. (XPRO)’s Negative Momentum, Closing at 18.62

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The closing price of Expro Group Holdings N.V. (NYSE: XPRO) was $18.62 for the day, down -3.07% from the previous closing price of $19.21. In other words, the price has decreased by -$3.07 from its previous closing price. On the day, 0.6 million shares were traded. XPRO stock price reached its highest trading level at $19.305 during the session, while it also had its lowest trading level at $18.52.

Ratios:

Our analysis of XPRO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 126.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on September 13, 2023, initiated with a Overweight rating and assigned the stock a target price of $30.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 15 ’23 when KEARNEY MICHAEL C sold 15,400 shares for $24.16 per share. The transaction valued at 372,093 led to the insider holds 27,633 shares of the business.

Drummond Robert Wayne Jr sold 13,000 shares of XPRO for $314,516 on Sep 15 ’23. The Director now owns 43,433 shares after completing the transaction at $24.19 per share. On Sep 14 ’23, another insider, OAK HILL ADVISORS LP, who serves as the 10% Owner of the company, sold 3,000,000 shares for $22.95 each. As a result, the insider received 68,865,000 and left with 14,575,891 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XPRO now has a Market Capitalization of 2053078528 and an Enterprise Value of 2008827776. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 1.328 whereas that against EBITDA is 9.625.

Stock Price History:

Over the past 52 weeks, XPRO has reached a high of $25.04, while it has fallen to a 52-week low of $14.33. The 50-Day Moving Average of the stock is -1.12%, while the 200-Day Moving Average is calculated to be -3.45%.

Shares Statistics:

XPRO traded an average of 896.36K shares per day over the past three months and 828880 shares per day over the past ten days. A total of 110.26M shares are outstanding, with a floating share count of 105.36M. Insiders hold about 4.45% of the company’s shares, while institutions hold 88.11% stake in the company. Shares short for XPRO as of 1711584000 were 5311738 with a Short Ratio of 5.93, compared to 1709164800 on 7257143. Therefore, it implies a Short% of Shares Outstanding of 5311738 and a Short% of Float of 6.74.

Earnings Estimates

Expro Group Holdings N.V. (XPRO) is currently under the scrutiny of ProShares UltraPro S&P 500 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $1.76, with high estimates of $20.10 and low estimates of $119.01.

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