Begins Coverage on Superior Drilling Products (NYSE:SDPI) initiated coverage on shares of Superior Drilling Products (NYSE:SDPIGet Rating) in a research report report published on Monday morning. The firm issued a hold rating on the stock.

Shares of SDPI stock opened at $0.97 on Monday. Superior Drilling Products has a twelve month low of $0.65 and a twelve month high of $2.38. The company has a quick ratio of 1.51, a current ratio of 1.80 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $27.42 million, a P/E ratio of -48.56 and a beta of -0.03. The company has a fifty day moving average price of $1.05.

About Superior Drilling Products (Get Rating)

Superior Drilling Products, Inc engages in the manufacture, repair, sale and rental of drilling tools for oil and natural gas drilling industry. Its drilling solutions include the patented Drill-N-Ream well bore conditioning tool, Strider oscillation system technology, completion tools, V-Stream, DR Stringer, and PDC Bit Repair.

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