KLX Energy Services Holdings Inc (NASDAQ:KLXE) CFO Thomas P. Mccaffrey purchased 75,000 shares of the company’s stock in a transaction on Friday, December 6th. The stock was acquired at an average cost of $5.53 per share, for a total transaction of $414,750.00.

Shares of NASDAQ KLXE traded up $1.30 during trading on Friday, hitting $5.53. 1,920,583 shares of the company traded hands, compared to its average volume of 204,132. The business’s fifty day moving average is $7.56 and its 200 day moving average is $13.22. KLX Energy Services Holdings Inc has a fifty-two week low of $4.12 and a fifty-two week high of $30.11. The firm has a market capitalization of $124.63 million, a price-to-earnings ratio of 1.97 and a beta of 0.61. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.08 and a current ratio of 3.28.

KLX Energy Services (NASDAQ:KLXE) last released its quarterly earnings data on Thursday, December 5th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.28). The company had revenue of $134.50 million for the quarter, compared to the consensus estimate of $161.20 million. KLX Energy Services had a positive return on equity of 10.08% and a negative net margin of 1.13%. KLX Energy Services’s revenue was down 18.4% on a year-over-year basis. On average, analysts predict that KLX Energy Services Holdings Inc will post -0.12 EPS for the current year.

Hedge funds have recently bought and sold shares of the stock. Paradice Investment Management LLC grew its stake in KLX Energy Services by 1.8% in the third quarter. Paradice Investment Management LLC now owns 1,819,742 shares of the company’s stock valued at $15,732,000 after acquiring an additional 32,673 shares during the period. Morgan Stanley raised its holdings in shares of KLX Energy Services by 416.5% in the 2nd quarter. Morgan Stanley now owns 105,055 shares of the company’s stock worth $2,146,000 after acquiring an additional 84,715 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of KLX Energy Services by 24.6% in the 3rd quarter. Gamco Investors INC. ET AL now owns 540,355 shares of the company’s stock worth $4,671,000 after acquiring an additional 106,775 shares during the last quarter. Nuveen Asset Management LLC acquired a new stake in shares of KLX Energy Services in the 2nd quarter worth about $2,044,000. Finally, Nisa Investment Advisors LLC lifted its position in KLX Energy Services by 89.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 14,004 shares of the company’s stock valued at $121,000 after acquiring an additional 6,600 shares in the last quarter. 86.34% of the stock is currently owned by institutional investors and hedge funds.

KLXE has been the subject of several research analyst reports. Zacks Investment Research lowered shares of KLX Energy Services from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 23rd. ValuEngine upgraded shares of KLX Energy Services from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

KLX Energy Services Company Profile

KLX Energy Services Holdings, Inc provides completion, intervention, and production services and products to the onshore oil and gas producing regions of the United States. It offers a range of technical services, and related tools and equipment to companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves.

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Insider Buying and Selling by Quarter for KLX Energy Services (NASDAQ:KLXE)

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