Superior Drilling Products (NYSE:SDPI) Upgraded to Buy by StockNews.com

Superior Drilling Products (NYSE:SDPIGet Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Wednesday.

NYSE:SDPI traded up $0.01 during trading hours on Wednesday, hitting $1.00. 95,920 shares of the stock traded hands, compared to its average volume of 512,363. The stock has a market capitalization of $28.24 million, a P/E ratio of 33.34 and a beta of 0.05. Superior Drilling Products has a 1 year low of $0.65 and a 1 year high of $2.38. The firm has a 50 day moving average of $1.03. The company has a current ratio of 1.72, a quick ratio of 1.51 and a debt-to-equity ratio of 0.66.

About Superior Drilling Products (Get Rating)

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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