Cubist Systematic Strategies LLC Raises Position in Superior Energy Services, Inc. (SPN)

33 funds opened positions while 107 raised stakes. (SPN) exchanged hands at an unexpectedly high level of 5.22 million shares over the course of the day. Virtu Fincl Ltd Liability holds 46,386 shares or 0% of its portfolio. Moreover, Parkwood Ltd Co has 0.21% invested in Superior Energy Services, Inc. Pnc Svcs Gru Incorporated has invested 0% in Superior Energy Services, Inc. (NYSE:SPN) on Monday, November 30 to “Buy” rating. Kbc Grp Nv reported 125,954 shares or 0.01% of all its holdings. Schwab Charles Investment Mgmt Inc holds 0.01% or 771,614 shares. (NYSE:SPN) might see strength given an ABR of 1 or Buy rating.

Ngam Advisors Limited Partnership invested in 0.01% or 62,819 shares. Cambiar Ltd Liability Co holds 1.47 million shares or 0.24% of its portfolio. Van ECK Associates Corp boosted its holdings in shares of Superior Energy Services by 1.2% in the third quarter.

Superior Energy Services (NYSE:SPN) last posted its earnings results on Monday, October 23rd. It is positive, as 42 investors sold SPN shares while 65 reduced holdings. Invesco Limited owns 3.00M shares. 6,500 were accumulated by Commonwealth Bankshares Of Aus. Sure, bitcoin might be the hottest thing on the market right now, but without companies like Superior Energy Services, our world might be a completely different place and oil and gas is definitely not a speculative bubble like some suggest bitcoin to be. (SPN) shows a multiple bottoms pattern with $8.46 target or 7.00 % below today’s $9.10 share price.

When we see the company’s Volatility, it now has a monthly volatility of 4.73% and weekly volatility of 5.61%.

According to Finviz reported data, The SMA20 of the stock is at -1.14 percent, SMA50 is -0.05 percent, while SMA200 is -14.18 percent.

Analysts are speculating a 41.84% move, based on the high target price ($48) for the shares that is set to reach in the next 12 months. There are three primary ways to read the Stochastic Oscillator in search of entry points, but traders should follow the %D line closely because that indicates major trends on the chart. (NYSE:SPN) have received a consensus recommendation of “Hold” from the twenty-one ratings firms that are now covering the firm, Marketbeat Ratings reports. The stock had a trading volume of 3,520,800 shares, compared to its average volume of 3,969,169.

Analysts await Superior Energy Services, Inc.

Profitability metrics can also be compared, like the Trailing Twelve Month (TTM) Gross Margin for SPN, which is 21.27% compared to the industry’s 25.5%. To keep their work organized and simple, Superior Energy Services operates through four specific divisions, one of which includes Drilling Products and Services. “Can” was originally reported by The Lincolnian Online and is owned by of The Lincolnian Online. During the same quarter in the previous year, the business earned ($0.73) earnings per share. equities research analysts expect that Superior Energy Services will post -1.64 earnings per share for the current fiscal year. Comparatively, Superior Energy Services, Inc. posted earnings of $-0.31 per share in the same quarter a year ago.

Superior Energy Services, Inc. was covered by a number of analysts recently, 5 rated the stock as Buy, 13 rated Hold, 0 rated sell and 0 gave an Underperform. Therefore 45% are positive. Finally, looking back over the past year-to-date, Superior Energy Services, Inc. The stock presently has a consensus rating of “Hold” and an average target price of $13.00. Teacher Retirement System of Texas lifted its stake in shares of Superior Energy Services by 3.7% in the 2nd quarter. (NYSE:SPN) has “Neutral” rating given on Friday, September 4 by Credit Suisse. (SPN) traded up $0.56 during trading hours on Wednesday, reaching $9.10. On Tuesday, April 19 the stock rating was maintained by Morgan Stanley with “Overweight”. Jefferies maintained Superior Energy Services, Inc. (NYSE:SPN) on Thursday, October 15 to “Outperform” rating. Mid-cap companies have a market capitalization of $2 billion – $10 billion. (NYSE:SPN) on Wednesday, July 26 with “Hold” rating. Howard Weil maintained the stock with “Focus Stock” rating in Monday, August 3 report. As per Wednesday, October 5, the company rating was maintained by Citigroup.