ValuEngine upgraded shares of Superior Drilling Products, Inc. (NASDAQ:SDPI) from a strong sell rating to a sell rating in a research report sent to investors on Monday.

SDPI has been the subject of a number of other reports. Imperial Capital initiated coverage on Superior Drilling Products in a research report on Wednesday, August 23rd. They set an outperform rating and a $2.00 price target for the company. Roth Capital set a $2.00 price target on Superior Drilling Products and gave the company a buy rating in a research report on Monday, August 14th. Finally, Zacks Investment Research downgraded Superior Drilling Products from a hold rating to a sell rating in a research report on Wednesday, July 12th.

Shares of Superior Drilling Products (SDPI) traded up 0.0000% on Monday, hitting $0.8599. The stock had a trading volume of 6,387 shares. The company’s market capitalization is $12.93 million. The company has a 50-day moving average of $0.73 and a 200 day moving average of $0.76. Superior Drilling Products has a 52 week low of $0.59 and a 52 week high of $1.41.

Superior Drilling Products (NASDAQ:SDPI) last issued its quarterly earnings data on Friday, August 11th. The oil and gas company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.02. The company had revenue of $4.05 million during the quarter, compared to analysts’ expectations of $3.80 million. On average, equities research analysts predict that Superior Drilling Products will post $0.00 EPS for the current year.

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About Superior Drilling Products

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.

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