Exterran (EXTN) Reaches New 52-Week Low at $20.72
Exterran Corp (NYSE:EXTN)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as $20.72 and last traded at $20.77, with a volume of 259140 shares trading hands. The stock had previously closed at $21.76.
Several equities analysts have recently commented on the company. Zacks Investment Research lowered Exterran from a “buy” rating to a “hold” rating in a research note on Tuesday, October 9th. ValuEngine lowered Exterran from a “hold” rating to a “sell” rating in a research note on Tuesday, September 4th.
The company has a debt-to-equity ratio of 0.76, a current ratio of 1.37 and a quick ratio of 1.02. The company has a market cap of $750.90 million, a PE ratio of -55.13 and a beta of 1.39.
In other Exterran news, major shareholder Chai Trust Co Llc purchased 648,776 shares of the company’s stock in a transaction dated Wednesday, November 14th. The shares were acquired at an average price of $23.39 per share, for a total transaction of $15,174,870.64. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew James Way sold 34,517 shares of the business’s stock in a transaction dated Wednesday, October 17th. The stock was sold at an average price of $25.49, for a total value of $879,838.33. The disclosure for this sale can be found here. Insiders acquired 859,259 shares of company stock worth $19,879,836 in the last quarter. 2.20% of the stock is owned by insiders.
Hedge funds have recently modified their holdings of the company. Bank of Montreal Can grew its stake in shares of Exterran by 21.3% during the third quarter. Bank of Montreal Can now owns 104,432 shares of the energy company’s stock worth $2,771,000 after acquiring an additional 18,356 shares during the last quarter. BlackRock Inc. grew its stake in shares of Exterran by 5.3% during the second quarter. BlackRock Inc. now owns 4,885,496 shares of the energy company’s stock worth $122,333,000 after acquiring an additional 244,903 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in shares of Exterran during the third quarter worth about $4,288,000. Principal Financial Group Inc. grew its stake in shares of Exterran by 2.5% during the first quarter. Principal Financial Group Inc. now owns 252,704 shares of the energy company’s stock worth $6,747,000 after acquiring an additional 6,184 shares during the last quarter. Finally, OppenheimerFunds Inc. grew its stake in shares of Exterran by 11.9% during the second quarter. OppenheimerFunds Inc. now owns 30,739 shares of the energy company’s stock worth $770,000 after acquiring an additional 3,262 shares during the last quarter. Institutional investors and hedge funds own 87.81% of the company’s stock.
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Exterran Company Profile (NYSE:EXTN)
Exterran Corporation engages in the compression, production, and processing of products and services for the oil and natural gas industry worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. Its contract operation services include personnel, equipment, tools, materials, and supplies.
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