Deep Down Inc. (DPDW) Cut to “Sell” at ValuEngine
ValuEngine cut shares of Deep Down Inc. (OTCMKTS:DPDW) from a hold rating to a sell rating in a research report sent to investors on Friday.
Deep Down (OTCMKTS:DPDW) opened at 0.97 on Friday. The firm’s 50-day moving average is $0.99 and its 200-day moving average is $1.07. The firm has a market cap of $14.70 million, a PE 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 quarterly earnings results on Monday, August 14th. The energy company reported $0.03 earnings per share for the quarter. Deep Down had a net margin of 6.51% and a return on equity of 7.27%. The company had revenue of $5.38 million during the quarter.
ILLEGAL ACTIVITY WARNING: This news story was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of international trademark and copyright laws. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/09/04/deep-down-inc-dpdw-cut-to-sell-at-valuengine.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 & Stock 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 stocks with our FREE daily email newsletter.