Superior Energy Services Inc. (NYSE:SPN) went down by -16.06% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Oil & Gas Equipment & Services giant went up by $1.15 to trade ended Wednesday trading at $1.37. This is down from the $1.37 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been negative, with SPN down by -77.05% year-to-date.
Superior Energy Services Inc. (SPN) started the day trading at $1.35 and recorded an intraday high of $1.35. It also recorded an intraday low of $1.13 during Wednesday’s trading session. Superior Energy Services Inc. is a very active stock that recorded a trading volume that is more than 35.53% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 732264, which is more than 35.53 of the total average daily trading volume of 472.11K.
Superior Energy Services Inc. (NYSE:SPN) 2020 Performance Impressive
The increase in SPN’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of SPN currently stands at $14.90, which is higher than the current trading price of the stock by 92.28%. However, SPN’s current trading price is -64.29% lower than the 52-week low price of $0.70. In terms of trading volume, Superior Energy Services Inc. currently experienced healthy participation during the last trading session. 732264 shares of Superior Energy Services Inc. were traded on the stock exchange on Wednesday, which is more than 35.53% of the 472.11K average trading volume of the stock.
The performance of the stock has been positive over the past year. SPN’s performance over the past one year has seen it plunge by -91.02%, while the stock has gone down by -75.79% in the last six months. The quarterly performance of SPN currently stands at 4.55%, and it is up by 29.36% in the last month. The only negative figure was from the weekly performance, which currently reads -22.30%. At the time of writing SPN’s report, the company has a total market cap of $21.07M, making it one of the largest publicly-traded companies in the world.Superior Energy Services Inc. also has over 5200 employees all over the world.
SPN Insider Activities
For Superior Energy Services Inc., insiders hold 45.30% of all company shares. The insider transactions over the past six months are down by 0.00%. During that period, insiders bought 60,918 shares in 15 transactions. In that same period, insiders sold 4,657 of their shares in 4 transactions. After these transactions, insiders at Superior Energy Services Inc. now hold 2.91M shares, which is over 47.99% of the total company stocks. Institutional investors currently hold a large chunk of the SPN shares, as they control 19.61% of the company’s total stock.
SPN Fundamental Analysis
For Superior Energy Services Inc., the stock’s diluted earnings per share (EPS) stands at -3.84. In the coming year, analysts expect the EPS to be -10.15. The stock’s EPS growth this year is 81.80%, -17.90% in the previous five years. In terms of revenue, Superior Energy Services Inc.’s quarterly sales (YOY) is shrinking at -3.26, which is higher than the average annual revenue of -17.90% over the past half a decade.
The Return on Investment (ROI) on Superior Energy Services Inc.’s stock currently stands at 1.70%, and it has a net profit margin of -22.50%. The operating margin of the company is 1.90%, and its gross margin is 37.00%.
SPN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of SPN currently stands at -17.29%, while the SMA50 is -15.80%. The biggest one is the SMA200, which is currently reading -62.88% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 44.11.
