Superior Drilling Products Coverage Initiated at Roth Capital (SDPI)
Analysts at Roth Capital started coverage on shares of Superior Drilling Products (AMEX:SDPI) in a research report issued to clients and investors on Wednesday. The firm set a “buy” rating on the stock.
Shares of Superior Drilling Products (AMEX:SDPI) traded down 0.53% on Wednesday, hitting $5.67. 161,740 shares of the company’s stock traded hands. Superior Drilling Products has a one year low of $4.32 and a one year high of $6.95. The stock’s 50-day moving average is $5.70 and its 200-day moving average is $5.70. The company has a market cap of $85.3 million and a price-to-earnings ratio of 21.84.
Separately, analysts at Wunderlich initiated coverage on shares of Superior Drilling Products in a research note on Tuesday. They set a “buy” rating and a $8.00 price target on the stock.
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