Bridgefront Capital LLC Buys New Stake in Expro Group Holdings (NYSE:XPRO)

Bridgefront Capital LLC bought a new position in shares of Expro Group Holdings (NYSE:XPRO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 15,446 shares of the company’s stock, valued at approximately $193,000.

A number of other hedge funds also recently bought and sold shares of the company. US Bancorp DE raised its stake in Expro Group by 56.0% during the 4th quarter. US Bancorp DE now owns 4,171 shares of the company’s stock valued at $52,000 after purchasing an additional 1,497 shares during the last quarter. R Squared Ltd bought a new position in shares of Expro Group during the 4th quarter worth about $27,000. Rhumbline Advisers raised its position in shares of Expro Group by 1.6% during the fourth quarter. Rhumbline Advisers now owns 153,159 shares of the company’s stock valued at $1,910,000 after buying an additional 2,477 shares during the last quarter. KBC Group NV lifted its stake in shares of Expro Group by 75.3% in the fourth quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after buying an additional 2,563 shares during the period. Finally, Sterling Capital Management LLC lifted its stake in shares of Expro Group by 824.7% in the fourth quarter. Sterling Capital Management LLC now owns 3,033 shares of the company’s stock valued at $38,000 after buying an additional 2,705 shares during the period. 92.07% of the stock is currently owned by institutional investors.

Expro Group Price Performance

Shares of XPRO stock opened at $8.18 on Friday. The firm’s 50 day moving average price is $9.10 and its two-hundred day moving average price is $11.73. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. Expro Group Holdings has a 52-week low of $6.70 and a 52-week high of $24.50. The stock has a market cap of $943.32 million, a PE ratio of 58.40, a PEG ratio of 1.28 and a beta of 1.17.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on XPRO shares. Barclays dropped their price objective on shares of Expro Group from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday. The Goldman Sachs Group dropped their price target on shares of Expro Group from $17.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th.

Expro Group Profile

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.