Superior Drilling Products, Inc. (SDPI) Given Consensus Rating of “Strong Buy” by Brokerages

Shares of Superior Drilling Products, Inc. (NASDAQ:SDPI) have been assigned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.

Brokerages have set a 1 year consensus target price of $1.85 for the company and are expecting that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also given Superior Drilling Products an industry rank of 102 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research cut Superior Drilling Products from a “hold” rating to a “sell” rating in a research report on Thursday, January 12th.

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Superior Drilling Products (NASDAQ:SDPI) traded down 0.6622% during mid-day trading on Friday, hitting $0.7351. 4,297 shares of the stock traded hands. The firm’s market capitalization is $11.06 million. Superior Drilling Products has a 1-year low of $0.72 and a 1-year high of $2.72. The company has a 50-day moving average of $0.88 and a 200 day moving average of $1.00.

5 Day Chart for NASDAQ:SDPI

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