Wunderlich Securities recorded Superior Drilling Products (NYSEMKT:SDPI), reducing its stock price target to $2.00 today
- Updated: October 3, 2016
Wunderlich Securities bumped down the target of Superior Drilling Products (NYSEMKT:SDPI) to $2.00 reporting a possible upside of 1.06%.
On 07/24/2015, Wunderlich released a statement on Superior Drilling Products (NYSEMKT:SDPI) bumped down the target price from $4.00 to $2.00 that suggested an upside of 0%.
Yesterday Superior Drilling Products (NYSEMKT:SDPI) traded 2.65% higher at $0.97. The company’s 50-day moving average is $1.08 and its 200-day moving average is $1.52. The last stock price is down -36.18% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Trade Volume was up over the average, with 116,872 shares of SDPI changing hands over the typical 100,680
Recent Performance Chart
Superior Drilling Products has a with a 52 week low of $0.84 and a 52 week high of $2.72 Superior Drilling Products’s market capitalization is presently $0.
Brief Synopsis About Superior Drilling Products (NYSEMKT: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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