Superior Drilling Products, Inc. (NASDAQ:SDPI) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: October 6, 2016
Zacks Investment Research has downgraded Superior Drilling Products, Inc. (NASDAQ:SDPI) to Sell in a report released on Friday October 07, 2016.
Just yesterday Superior Drilling Products, Inc. (NASDAQ:SDPI) traded 0.54% higher at $0.94. Superior Drilling Products, Inc.’s 50-day moving average is $1.06 and its 200-day moving average is $1.51. The last stock price is down -37.92% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 236,002 shares of SDPI traded hands, up from an average trading volume of 104,614
Recent Performance Chart
Superior Drilling Products, Inc. has 52 week low of $0.84 and a 52 week high of $2.72 and has a market capitalization of $0.
Brief Synopsis On Superior Drilling Products, Inc. (NASDAQ:SDPI)
Superior Drilling Products, Inc., a drilling and completion tool technology company, manufactures, repairs, sells, and rents drilling tools in the United States and internationally. It is involved in the design and manufacture of new drill bit and horizontal drill string enhancement tools for the oil, natural gas, and mining services industries; and the refurbishment of polycrystalline diamond compact drill bits. The companyÂ’s horizontal drilling tools include Drill N Ream, a well bore conditioning tool; Strider, a drill string oscillation system; V-Stream, an advanced conditioning system; and Dedicated Reamer Stinger that is used to enhance dedicated reamer operations. It serves companies operating in the exploration and production of oil and natural gas. The company was formerly known as SD Company, Inc. and changed its name to Superior Drilling Products, Inc. in May 2014. Superior Drilling Products, Inc. was founded in 1999 and is headquartered in Vernal, Utah.
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