The SAExploration Holdings Inc. (NASDAQ:SAEX) is going up by 85.35% in today’s trading session, a rise equivalent to 1.29% of the stock’s price from yesterday’s market close. A news came out 19 hours ago stating that SAExploration Announces $130 Million of New Projects in Alaska, Canada and Middle East by WSJ. The lowest point that the shares touched during the trading session was $1.50, while the peak of the day was recorded at a share price of $1.57. SAEX finished the previous session at $1.51 according to the data provided by Barchart, while the trading volume was observed to be $8183696.
In the 100 days of trading, SAEX managed to top a 2.31% Moving average. Additionally, SAExploration Holdings Inc. shares have achieved a 52-week range between 1.42 and 6.60 alongside 100 days raw stochastic set at 42.42%.
The number of shares outstanding, according to the fundamentals of the company, is set at 4.29M, equal to the value of $6.48M in market capitalization. In the last 30 days, SAExploration Holdings Inc. shares went down by -39.29%, adding 4.47 to growth in value, on top of a +80.93% boost since 10/18/19.
SAExploration Holdings Inc. (NASDAQ:SAEX) Analyst’s Estimates
According to the average analyst rating, SAExploration Holdings Inc. would be rated as Buy. Out of 1 different analysts monitoring SAEX stock, 1 analysts rate the stock as a BUY, 0 suggest to give the rating of HOLD, 0 indicate that SAEX is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
SAEX Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of -3.04% has been attained, while the operating margin has been recorded at -66.07%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -59.04%. Beta value of the stock is recorded at 3.01. Additionally, SAExploration Holdings Inc. is recording price volatility of 5.12% for the period of the last seven days and 6.56% in the last 30 days.
SAExploration Holdings Inc. (NASDAQ:SAEX) Technical Outlook
For the period of the last 50 days, SAExploration Holdings Inc. had its Raw Stochastic average set at 40.87% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 40.87%. Stochastic %K for SAExploration Holdings Inc., with the last 20 days included, was set at 16.90%, having Stochastic %D topping 10.79%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for SAExploration Holdings Inc. stocks with recording -19.25% in metrics.
SAExploration Holdings Inc. Insider Watch:
Similarly, 40.72% of the company’s float is held by institutions – and there are 22 institutions in total holding shares of this company. Positions in SAExploration Holdings Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 0 insider purchases amounting to 0 shares. Similarly, there were 1 sale transactions amounting to 44311 shares, with the net shares purchased during the last six months reaching -44,311.