ValuEngine Downgrades Deep Down Inc. (DPDW) to Sell

ValuEngine downgraded shares of Deep Down Inc. (OTCMKTS:DPDW) from a hold rating to a sell rating in a report issued on Friday morning.

Deep Down (OTCMKTS:DPDW) opened at 0.97 on Friday. The company’s 50 day moving average price is $0.99 and its 200-day moving average price is $1.07. The stock has a market cap of $14.70 million, a price-to-earnings ratio of 8.82 and a beta of -0.13. Deep Down has a 12-month low of $0.75 and a 12-month high of $1.45.

Deep Down (OTCMKTS:DPDW) last issued its earnings results on Monday, August 14th. The energy company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $5.38 million for the quarter. Deep Down had a net margin of 6.51% and a return on equity of 7.27%.

ILLEGAL ACTIVITY NOTICE: This report was first reported by BBNS and is the property of of BBNS. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at https://baseballnewssource.com/markets/valuengine-downgrades-deep-down-inc-dpdw-to-sell/1571016.html.

Deep Down Company Profile

Deep Down, Inc is engaged in the oilfield services industry. The Company operates through Deep Down Delaware segment. The Company is a provider of specialized services to the offshore energy industry to support deep water and ultra-deep water exploration, development and production of oil and gas, and other maritime operations.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Deep Down Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deep Down Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Bryce Harper Hoping to Return Monday from Knee Injury
Bryce Harper Hoping to Return Monday from Knee Injury
American League Once Again Dominates National League
American League Once Again Dominates National League
Los Angeles Dodgers Waiting But Magic Number Down to One
Los Angeles Dodgers Waiting But Magic Number Down to One
Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?


Leave a Reply

 
© 2006-2017 BBNS.