KLX Energy Services Holdings Inc (NASDAQ:KLXE) CFO Thomas P. Mccaffrey acquired 75,000 shares of the stock in a transaction dated Friday, December 6th. The shares were bought at an average cost of $5.53 per share, with a total value of $414,750.00.

Shares of KLXE traded up $1.30 during mid-day trading on Friday, hitting $5.53. 1,920,583 shares of the company’s stock were exchanged, compared to its average volume of 204,132. The company has a 50-day simple moving average of $7.56 and a 200 day simple moving average of $13.22. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.28 and a quick ratio of 3.08. The company has a market cap of $124.63 million, a PE ratio of 1.97 and a beta of 0.61. KLX Energy Services Holdings Inc has a 52 week low of $4.12 and a 52 week high of $30.11.

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

Several institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC grew its holdings in shares of KLX Energy Services by 15.2% in the 2nd quarter. SG Americas Securities LLC now owns 5,582 shares of the company’s stock valued at $114,000 after acquiring an additional 736 shares in the last quarter. Arizona State Retirement System increased its position in shares of KLX Energy Services by 4.1% in the second quarter. Arizona State Retirement System now owns 35,909 shares of the company’s stock valued at $734,000 after acquiring an additional 1,413 shares during the last quarter. Comerica Bank increased its position in shares of KLX Energy Services by 4.7% in the second quarter. Comerica Bank now owns 31,968 shares of the company’s stock valued at $553,000 after acquiring an additional 1,440 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in KLX Energy Services by 10.5% during the second quarter. Public Employees Retirement System of Ohio now owns 15,834 shares of the company’s stock worth $323,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in KLX Energy Services by 106.8% during the second quarter. Bank of Montreal Can now owns 3,114 shares of the company’s stock worth $63,000 after acquiring an additional 1,608 shares in the last quarter. Institutional investors own 86.34% of the company’s stock.

Several equities research analysts recently commented on KLXE shares. Zacks Investment Research cut shares of KLX Energy Services from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 23rd. ValuEngine raised KLX Energy Services from a “sell” rating to a “hold” rating in a research note 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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