Expro Group Holdings N.V. (XPRO) Shares Up Despite Recent Market Volatility

Expro Group Holdings N.V. (NYSE: XPRO) has seen a rise in its stock price by 2.19 in relation to its previous close of 16.89. However, the company has experienced a 2.01% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-10 that HOUSTON–(BUSINESS WIRE)–Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on October 24, 2024 to discuss results for the quarter ended September 30, 2024. The conference call is scheduled to begin at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on October 24 and the press release, together with associated presentation slides, will be posted to the investor relations s.

Is It Worth Investing in Expro Group Holdings N.V. (NYSE: XPRO) Right Now?

XPRO has 36-month beta value of 0.96. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for XPRO is 118.37M, and currently, short sellers hold a 8.29% ratio of that float. The average trading volume of XPRO on October 17, 2024 was 1.25M shares.

XPRO’s Market Performance

XPRO stock saw a decrease of 2.01% in the past week, with a monthly decline of -4.43% and a quarterly a decrease of -26.08%. The volatility ratio for the week is 3.40%, and the volatility levels for the last 30 days are 3.50% for Expro Group Holdings N.V. (XPRO). The simple moving average for the past 20 days is -0.56% for XPRO’s stock, with a -11.66% simple moving average for the past 200 days.

Analysts’ Opinion of XPRO

Many brokerage firms have already submitted their reports for XPRO stocks, with Goldman repeating the rating for XPRO by listing it as a “Neutral.” The predicted price for XPRO in the upcoming period, according to Goldman is $23 based on the research report published on June 03, 2024 of the current year 2024.

Barclays, on the other hand, stated in their research note that they expect to see XPRO reach a price target of $27, previously predicting the price at $18. The rating they have provided for XPRO stocks is “Overweight” according to the report published on May 14th, 2024.

JP Morgan gave a rating of “Overweight” to XPRO, setting the target price at $30 in the report published on September 13th of the previous year.

XPRO Trading at -6.51% from the 50-Day Moving Average

After a stumble in the market that brought XPRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.55% of loss for the given period.

Volatility was left at 3.50%, however, over the last 30 days, the volatility rate increased by 3.40%, as shares sank -2.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.66% lower at present.

During the last 5 trading sessions, XPRO rose by +2.01%, which changed the moving average for the period of 200-days by +8.42% in comparison to the 20-day moving average, which settled at $17.36. In addition, Expro Group Holdings N.V. saw 8.42% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at XPRO starting from Russell Steven J, who sale 15,000 shares at the price of $23.01 back on Jun 21 ’24. After this action, Russell Steven J now owns 84,873 shares of Expro Group Holdings N.V., valued at $345,094 using the latest closing price.

TROE LISA L, the Director of Expro Group Holdings N.V., sale 2,820 shares at $21.13 during a trade that took place back on Jun 03 ’24, which means that TROE LISA L is holding 30,517 shares at $59,597 based on the most recent closing price.

Stock Fundamentals for XPRO

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.15 for the gross margin

The net margin for Expro Group Holdings N.V. stands at -0.01. The total capital return value is set at 0.02. Equity return is now at value -1.00, with -0.64 for asset returns.

Based on Expro Group Holdings N.V. (XPRO), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 0.77. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is -20.64.

Currently, EBITDA for the company is 207.22 million with net debt to EBITDA at -3.22. When we switch over and look at the enterprise to sales, we see a ratio of 1.33. The receivables turnover for the company is 2.89for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.90.

Conclusion

To put it simply, Expro Group Holdings N.V. (XPRO) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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