Superior Drilling Products, Inc. (NASDAQ:SDPI) insider Jeffrey E. Eberwein sold 1,725,889 shares of the stock in a transaction on Wednesday, October 26th. The stock was sold at an average price of $0.84, for a total value of $1,449,746.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Superior Drilling Products, Inc. (NASDAQ:SDPI) opened at 0.86 on Monday. The firm has a 50-day moving average price of $0.95 and a 200-day moving average price of $1.44. Superior Drilling Products, Inc. has a 1-year low of $0.77 and a 1-year high of $2.72. The stock’s market cap is $12.94 million.
Superior Drilling Products (NASDAQ:SDPI) last issued its quarterly earnings results on Friday, August 12th. The company reported ($0.18) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by $0.10. Equities analysts forecast that Superior Drilling Products, Inc. will post ($0.40) EPS for the current year.
SDPI has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Superior Drilling Products from a “hold” rating to a “sell” rating in a research note on Friday, October 7th. Wunderlich reiterated a “buy” rating and issued a $2.00 target price (down previously from $3.00) on shares of Superior Drilling Products in a research note on Tuesday, October 4th.