Superior Drilling Products Inc. (AMEX:SDPI) went up by 8.70% from its latest closing price compared to the recent 1-year high of $1.44. The company’s stock price has collected 7.76% of gains in the last five trading sessions. Press Release reported on 02/18/21 that Superior Drilling Products, Inc. Announces Preliminary Fourth Quarter 2020 Revenue Held Steady Sequentially
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SDPI currently public float of 11.33M and currently shorts hold a 0.23% ratio of that float. Today, the average trading volume of SDPI was 1.24M shares.
SDPI’s Market Performance
SDPI stocks went up by 7.76% for the week, with a monthly jump of 33.45% and a quarterly performance of 171.74%, while its annual performance rate touched 92.31%. The volatility ratio for the week stands at 16.63% while the volatility levels for the past 30 days are set at 14.50% for Superior Drilling Products Inc.. The simple moving average for the period of the last 20 days is 20.57% for SDPI stocks with a simple moving average of 97.79% for the last 200 days.
Analysts’ Opinion of SDPI
ROTH Capital, on the other hand, stated in their research note that they expect to see SDPI reach a price target of $2, previously predicting the price at $4. The rating they have provided for SDPI stocks is “Buy” according to the report published on March 08th, 2019.
Imperial Capital gave a rating of “Outperform” to SDPI, setting the target price at $3 in the report published on November 28th of the previous year.
SDPI Trading at 59.13% from the 50-Day Moving Average
After a stumble in the market that brought SDPI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.19% of loss for the given period.
Volatility was left at 14.50%, however, over the last 30 days, the volatility rate increased by 16.63%, as shares surge +30.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +129.36% upper at present.
During the last 5 trading sessions, SDPI rose by +7.76%, which changed the moving average for the period of 200-days by +208.19% in comparison to the 20-day moving average, which settled at $1.0512. In addition, Superior Drilling Products Inc. saw 106.71% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SDPI
Current profitability levels for the company are sitting at:
- -1.18 for the present operating margin
- +38.88 for the gross margin
The net margin for Superior Drilling Products Inc. stands at -4.93. The total capital return value is set at -1.34, while invested capital returns managed to touch -7.59. Equity return is now at value -41.60, with -17.00 for asset returns.
Based on Superior Drilling Products Inc. (SDPI), the company’s capital structure generated 111.94 points at debt to equity in total, while total debt to capital is 52.82. Total debt to assets is 47.44, with long-term debt to equity ratio resting at 54.19. Finally, the long-term debt to capital ratio is 25.57.
When we switch over and look at the enterprise to sales, we see a ratio of 1.44, with the company’s debt to enterprise value settled at 0.29. The receivables turnover for the company is 6.20 and the total asset turnover is 1.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.