Exterran Co. (NYSE:EXTN) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 1,800,000 shares, a drop of 17.8% from the March 15th total of 2,190,000 shares. Based on an average trading volume of 567,200 shares, the short-interest ratio is presently 3.2 days. Currently, 5.6% of the company’s stock are short sold.
EXTN opened at $2.87 on Wednesday. The firm has a market cap of $95.10 million, a P/E ratio of -0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.01 and a current ratio of 1.38. The business has a 50 day moving average price of $3.88 and a 200 day moving average price of $4.36. Exterran has a twelve month low of $2.79 and a twelve month high of $8.93.
Exterran (NYSE:EXTN) last issued its quarterly earnings data on Monday, March 1st. The energy company reported ($0.74) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.39) by ($0.35). The firm had revenue of $151.70 million during the quarter, compared to analyst estimates of $163.63 million. Exterran had a negative return on equity of 18.46% and a negative net margin of 17.93%. As a group, analysts anticipate that Exterran will post -1.9 earnings per share for the current fiscal year.
Separately, Zacks Investment Research lowered Exterran from a “hold” rating to a “sell” rating in a research report on Monday, March 8th.
Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: Contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural gas production and process equipment; and water treatment and power generation solutions.
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