Superior Drilling Products (NYSE:SDPI) Receives New Coverage from Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Superior Drilling Products (NYSE:SDPI – Get Rating) in a research report issued to clients and investors on Saturday. The firm set a “buy” rating on the stock.

Superior Drilling Products Trading Down 3.3 %

Shares of SDPI stock opened at $0.87 on Friday. The company has a 50 day moving average of $1.02. Superior Drilling Products has a twelve month low of $0.62 and a twelve month high of $1.34. The stock has a market cap of $25.44 million, a P/E ratio of 21.76 and a beta of 0.14. The company has a quick ratio of 1.50, a current ratio of 1.83 and a debt-to-equity ratio of 0.63.

Superior Drilling Products Company Profile

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Superior Drilling Products, Inc engages in the manufacture, repair, sale and rental of drilling tools for the 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.