SAExploration Holdings, Inc. (NASDAQ:SAEX) shot up 7.4% during mid-day trading on Friday . The stock traded as high as $3.50 and last traded at $2.60. 1,540,216 shares were traded during trading, an increase of 334% from the average session volume of 355,118 shares. The stock had previously closed at $2.42.
Separately, ValuEngine raised shares of SAExploration from a “strong sell” rating to a “sell” rating in a research report on Friday, December 1st.
The firm has a market cap of $22.81, a PE ratio of -0.35 and a beta of 0.10. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 5.69.
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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.
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