SAExploration (SAEX) Trading 35.9% Higher
SAExploration Holdings, Inc. (NASDAQ:SAEX) traded up 35.9% on Monday . The stock traded as high as $2.89 and last traded at $2.65. 1,766,700 shares changed hands during mid-day trading, an increase of 1,663% from the average session volume of 100,204 shares. The stock had previously closed at $1.95.
Separately, ValuEngine upgraded shares of SAExploration from a “strong sell” rating to a “sell” rating in a research report on Friday, December 1st.
The company has a debt-to-equity ratio of 5.69, a current ratio of 1.26 and a quick ratio of 1.26. The stock has a market cap of $18.38, a PE ratio of -0.35 and a beta of 0.11.
A number of institutional investors have recently modified their holdings of SAEX. California Public Employees Retirement System bought a new stake in SAExploration in the first quarter worth about $128,000. Dupont Capital Management Corp raised its holdings in SAExploration by 26.1% during the 2nd quarter. Dupont Capital Management Corp now owns 70,003 shares of the oil and gas company’s stock worth $227,000 after buying an additional 14,500 shares during the period. Finally, Vanguard Group Inc. raised its holdings in SAExploration by 43.9% during the 2nd quarter. Vanguard Group Inc. now owns 39,697 shares of the oil and gas company’s stock worth $129,000 after buying an additional 12,109 shares during the period. Hedge funds and other institutional investors own 69.10% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “SAExploration (SAEX) Trading 35.9% Higher” was published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at https://theolympiareport.com/2017/12/25/saexploration-saex-trading-35-9-higher.html.
SAExploration Holdings, Inc, an oilfield services company, provides seismic data acquisition and logistical support services to the oil and natural gas industry in North and South America, the Southeast Asia, and West Africa. Its seismic data acquisition services include program design, planning and permitting, camp services, survey, drilling, recording, reclamation, and in-field processing.
Receive News & Ratings for SAExploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SAExploration and related companies with Analyst Ratings Network's FREE daily email newsletter.