Superior Drilling Products (NYSE:SDPI) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Superior Drilling Products (NYSE:SDPIGet Rating) in a research report report published on Friday morning. The firm issued a buy rating on the stock.

Superior Drilling Products Price Performance

NYSE SDPI opened at $0.93 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.72 and a quick ratio of 1.48. The stock has a 50 day simple moving average of $0.98. Superior Drilling Products has a 12 month low of $0.65 and a 12 month high of $2.38. The company has a market cap of $26.26 million and a P/E ratio of 92.98.

Superior Drilling Products (NYSE:SDPIGet Rating) last released its quarterly earnings results on Friday, May 13th. The company reported $0.01 earnings per share (EPS) for the quarter. Superior Drilling Products had a net margin of 4.80% and a return on equity of 3.32%. The business had revenue of $4.13 million for the quarter.

About Superior Drilling Products

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Superior Drilling Products, Inc, a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States, Canada, the Middle East, and Eastern Europe. Its drilling solutions include Drill-N-Ream, a dual-section wellbore conditioning tool; Strider, a drill string oscillation system technology; and V-Stream, an advanced conditioning system.

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