Superior Drilling Products Inc. [AMEX:SDPI] is flashing a current price of $0.41. On Thursday, the company’s daily low is at $0.36 as the high is reaching $0.51.
The price per sales of 0.60 and price per cash flow of 4.61. The company is also booking -0.05 earnings per share.
SDPI has price per sales of 0.60 and price per cash flow of 4.61. The company is also booking -0.05 earnings per share.
The Price is right
Holding a Market Cap of $10.13 million, Superior Drilling Products Inc. has seen a trading range over the last year of $0.20-$1.05.
For the last five days, SDPI is up from its last closing price. The average shares trading hands each day is 88.07K.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for SDPI. When we apply the Elder Force Index to Superior Drilling Products Inc., we are seeing an Elder Force Indicator number of 64569.7.
In the last quarter, SDPI made a profit of 0.24 million. Superior Drilling Products Inc. also saw quarter revenue growth year over year of 4.12%.
Looking at popular technical indicators, the company’s 5-day moving average is 0.3903 compared to the 50-day moving average of 0.18%. So, we are clearly seeing an upward trajectory here.
The Relative Strength Index or RSI is an indicator ranging between 0 and 100 that traders use to determine if a stock is “overbought” or “oversold.” A strong uptrend tending to reach into the “overbought” status is above 70, while a downward trend will stay around the 30 mark. SDPI currently holds a 9-day RSI of 53.23%, while 100-day RSI stands at 46.30%.
Another indicator we believe is worth keeping tabs on is the Moving Average Convergence Divergence or MACD. Similar to the concept of the Force Index — on the basis of price momentum — the MACD gives traders a tool to measure the turning point of a stock even during rapid fluctuations in price. Buy and sell signals are determined by a stock’s relation to the zero line, so if a stock is above a zero line for many weeks it might be a “buy.” On the other hand, if a stock is below the zero line consistently, it might be one to stay away from. Also, if the MACD line reaches a peak and dips, its momentum may be waning. SDPI’s 9-day MACD is -0.0331 and the company’s 100-day MACD stands at -0.2423.
Another area that is important to analyze is insider moves and majority shareholders. While this is not always an error-free way to tell what the future holds for a stock, you can maybe gather important information from reading the tea leaves about who is buying and selling.
The major holders for this stock are 58.43% by insiders and 15.37% by institutions.
Overall, the recommended rating for SDPI is Hold. Currently, the company has 1 analysts watching the stock, and the average quarterly earnings estimate is -0.03. Quarterly revenue estimates are averaging 1.95M with the high estimate reaching 1.95M and the low at 1.95M.