Robert Stewart, Jr. Acquires 5,000 Shares of Ridgepost Capital (NYSE:RPC) Stock

Ridgepost Capital, Inc (NYSE:RPC) Director Robert Stewart, Jr. acquired 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was purchased at an average cost of $8.27 per share, with a total value of $41,350.00. Following the completion of the acquisition, the director directly owned 149,525 shares of the company’s stock, valued at approximately $1,236,571.75. This trade represents a 3.46% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Ridgepost Capital Stock Performance

Shares of RPC traded up $0.03 during mid-day trading on Thursday, reaching $8.32. 683,447 shares of the company’s stock were exchanged, compared to its average volume of 629,183. The firm has a market cap of $915.28 million, a PE ratio of 46.22 and a beta of 0.80. Ridgepost Capital, Inc has a 52-week low of $8.00 and a 52-week high of $13.19. The company has a current ratio of 2.50, a quick ratio of 2.50 and a debt-to-equity ratio of 0.99.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Weiss Ratings began coverage on shares of Ridgepost Capital in a report on Thursday, February 12th. They issued a “hold (c)” rating for the company. Zacks Research raised Ridgepost Capital from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. Finally, Barclays decreased their price objective on Ridgepost Capital from $13.00 to $11.00 and set an “overweight” rating for the company in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Ridgepost Capital presently has a consensus rating of “Buy” and an average target price of $11.00.

Ridgepost Capital Company Profile

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.