Ridgepost Capital (NYSE:RPC) Reaches New 1-Year Low – Time to Sell?

Ridgepost Capital, Inc (NYSE:RPC) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $7.10 and last traded at $7.1650, with a volume of 492049 shares. The stock had previously closed at $7.20.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Weiss Ratings started coverage on shares of Ridgepost Capital in a research note on Thursday, February 12th. They issued a “hold (c)” rating on the stock. Barclays lowered their price objective on Ridgepost Capital from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd. Finally, Zacks Research raised shares of Ridgepost Capital from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $11.00.

Ridgepost Capital Stock Down 0.2%

The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 0.93. The company has a market cap of $850.05 million, a price-to-earnings ratio of 42.84 and a beta of 0.84.

Ridgepost Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 27th will be issued a $0.0375 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.15 dividend on an annualized basis and a yield of 1.9%. Ridgepost Capital’s dividend payout ratio (DPR) is 83.33%.

Insider Activity

In other news, Director Robert B. Stewart, Jr. purchased 10,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of $8.65 per share, with a total value of $86,500.00. Following the purchase, the director directly owned 144,525 shares of the company’s stock, valued at approximately $1,250,141.25. This trade represents a 7.43% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Charles K. Huebner Trust bought 20,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was acquired at an average price of $8.68 per share, with a total value of $173,600.00. Following the completion of the purchase, the insider directly owned 176,054 shares of the company’s stock, valued at approximately $1,528,148.72. The trade was a 12.82% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 47,500 shares of company stock valued at $392,825 over the last 90 days. 11.54% of the stock is currently owned by insiders.

About Ridgepost Capital

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.