Zacks Investment Research disclosed Tesco Corporation (USA) (NASDAQ:TESO), hiking its price target to $9.50 earlier today
- Updated: October 12, 2016
Indicating a possible upside of 0.10%, Zacks Investment Research increased the stock price target of Tesco Corporation (USA) (NASDAQ:TESO) to $9.50
Previously on 6/22/2015, Sidoti reported about Tesco Corporation (USA) (NASDAQ:TESO) raised the target price from $0.00 to $17.00. At the time, this indicated a possible upside of 0.50%.
Yesterday Tesco Corporation (USA) (NASDAQ:TESO) traded 2.34% higher at $8.65. The company’s 50-day moving average is $7.50 and its 200-day moving average is $7.49. The last stock close price is up 16.87% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,201 shares of the stock were exchanged, down from an average trading volume of 208,188
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Tesco Corporation (USA) has a 52 week low of $5.13 and a 52 week high of $9.77 The company’s market cap is currently $0.
About Tesco Corporation (USA) (NASDAQ:TESO)
Tesco Corporation is engaged in designing, assembly and service delivery of technology-based solutions for the upstream energy industry. The Company's product and service offerings consist primarily of equipment sales and services to drilling contractors, and exploration and production companies around the world. The Company operates through four segments: Top Drives, Tubular Services, Research & Engineering, and Corporate and Other. The Company's Top Drive segment includes top drive sales, top drive rentals and after-market sales and services. Its Tubular Services segment includes automated and conventional tubular services. Its Research and Engineering segment includes internal research and development activities related to its automated tubular services and top drive model development, as well as the Casing Drilling technology prior to the sale.
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