Dynamic Technology Lab Private Ltd Invests $450,000 in Expro Group Holdings (NYSE:XPRO)

Dynamic Technology Lab Private Ltd bought a new position in shares of Expro Group Holdings (NYSE:XPRO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 26,189 shares of the company’s stock, valued at approximately $450,000.

A number of other institutional investors and hedge funds also recently modified their holdings of XPRO. nVerses Capital LLC acquired a new stake in shares of Expro Group during the second quarter worth $183,000. MQS Management LLC acquired a new stake in shares of Expro Group during the third quarter worth $205,000. Transatlantique Private Wealth LLC acquired a new stake in shares of Expro Group during the second quarter worth $214,000. Algert Global LLC acquired a new stake in shares of Expro Group during the second quarter worth $217,000. Finally, GSA Capital Partners LLP acquired a new position in Expro Group during the third quarter valued at $235,000. 92.07% of the stock is owned by institutional investors and hedge funds.

Expro Group Trading Down 1.8 %

Shares of NYSE:XPRO opened at $13.89 on Friday. The firm has a fifty day moving average of $15.14 and a two-hundred day moving average of $19.02. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a 12-month low of $12.58 and a 12-month high of $24.50. The firm has a market capitalization of $1.63 billion, a P/E ratio of 99.22, a price-to-earnings-growth ratio of 1.68 and a beta of 0.99.

Expro Group (NYSE:XPRO) last issued its earnings results on Thursday, October 24th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The firm had revenue of $422.83 million for the quarter, compared to the consensus estimate of $436.62 million. Expro Group had a return on equity of 3.70% and a net margin of 0.98%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.11) earnings per share. On average, equities analysts expect that Expro Group Holdings will post 0.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Barclays decreased their price objective on Expro Group from $28.00 to $18.00 and set an “overweight” rating for the company in a research report on Monday, October 28th.

Expro Group Company Profile

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.