Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Superior Drilling Products (SDPI) Share Price

News stories about Superior Drilling Products (NASDAQ:SDPI) have been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Superior Drilling Products earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 45.7975380931183 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Several equities research analysts recently commented on SDPI shares. Zacks Investment Research upgraded Superior Drilling Products from a “hold” rating to a “buy” rating and set a $0.75 price objective for the company in a report on Wednesday, July 26th. Imperial Capital started coverage on Superior Drilling Products in a report on Wednesday, August 23rd. They issued an “outperform” rating and a $2.00 price objective for the company. ValuEngine downgraded Superior Drilling Products from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Finally, Roth Capital set a $2.00 price objective on Superior Drilling Products and gave the stock a “buy” rating in a report on Monday, August 14th.

Superior Drilling Products (NASDAQ SDPI) traded up 0.41% during midday trading on Friday, reaching $0.88. The company had a trading volume of 41,916 shares. Superior Drilling Products has a 1-year low of $0.59 and a 1-year high of $1.41. The company’s market capitalization is $13.24 million. The firm has a 50-day moving average of $0.74 and a 200 day moving average of $0.76.

Superior Drilling Products (NASDAQ:SDPI) last announced its earnings results on Friday, August 11th. The oil and gas company reported $0.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. The business had revenue of $4.05 million for the quarter, compared to analyst estimates of $3.80 million.

ILLEGAL ACTIVITY WARNING: This report was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another site, it was stolen and reposted in violation of international copyright & trademark law. The original version of this report can be read at https://ledgergazette.com/2017/10/08/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-superior-drilling-products-sdpi-share-price.html.

Superior Drilling Products Company Profile

Several equities research analysts recently commented on SDPI shares. Zacks Investment Research upgraded Superior Drilling Products from a “hold” rating to a “buy” rating and set a $0.75 price objective for the company in a report on Wednesday, July 26th. Imperial Capital started coverage on Superior Drilling Products in a report on Wednesday, August 23rd. They issued an “outperform” rating and a $2.00 price objective for the company. ValuEngine downgraded Superior Drilling Products from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Finally, Roth Capital set a $2.00 price objective on Superior Drilling Products and gave the stock a “buy” rating in a report on Monday, August 14th.

Superior Drilling Products (NASDAQ SDPI) traded up 0.41% during midday trading on Friday, reaching $0.88. The company had a trading volume of 41,916 shares. Superior Drilling Products has a 1-year low of $0.59 and a 1-year high of $1.41. The company’s market capitalization is $13.24 million. The firm has a 50-day moving average of $0.74 and a 200 day moving average of $0.76.

Superior Drilling Products (NASDAQ:SDPI) last announced its earnings results on Friday, August 11th. The oil and gas company reported $0.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. The business had revenue of $4.05 million for the quarter, compared to analyst estimates of $3.80 million.

ILLEGAL ACTIVITY WARNING: This report was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another site, it was stolen and reposted in violation of international copyright & trademark law. The original version of this report can be read at https://ledgergazette.com/2017/10/08/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-superior-drilling-products-sdpi-share-price.html.

Superior Drilling Products Company Profile

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 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.

Insider Buying and Selling by Quarter for Superior Drilling Products (NASDAQ:SDPI)

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