Millennium Management LLC Purchases 60,885 Shares of Expro Group Holdings (NYSE:XPRO)

Millennium Management LLC increased its position in shares of Expro Group Holdings (NYSE:XPRO) by 9.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 718,618 shares of the company’s stock after buying an additional 60,885 shares during the period. Millennium Management LLC owned 0.65% of Expro Group worth $16,471,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC grew its position in shares of Expro Group by 58.0% in the first quarter. GAMMA Investing LLC now owns 1,452 shares of the company’s stock valued at $29,000 after purchasing an additional 533 shares during the last quarter. SG Americas Securities LLC bought a new stake in Expro Group during the 1st quarter valued at approximately $141,000. nVerses Capital LLC acquired a new stake in Expro Group in the 2nd quarter valued at approximately $183,000. Transatlantique Private Wealth LLC bought a new position in Expro Group in the 2nd quarter worth approximately $214,000. Finally, Paloma Partners Management Co acquired a new position in shares of Expro Group during the first quarter worth approximately $239,000. 92.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Barclays raised their price objective on shares of Expro Group from $27.00 to $28.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st.

Expro Group Stock Up 0.6 %

XPRO stock opened at $17.80 on Friday. Expro Group Holdings has a twelve month low of $14.33 and a twelve month high of $24.50. The company has a quick ratio of 1.56, a current ratio of 1.90 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.97 billion, a PE ratio of -98.89, a price-to-earnings-growth ratio of 1.94 and a beta of 0.96. The business’s 50-day simple moving average is $19.07 and its 200 day simple moving average is $20.41.

Expro Group (NYSE:XPRO) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). The firm had revenue of $469.64 million for the quarter, compared to analyst estimates of $419.20 million. Expro Group had a positive return on equity of 1.43% and a negative net margin of 0.84%. On average, research analysts anticipate that Expro Group Holdings will post 0.77 earnings per share for the current year.

Expro Group Company 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.