Skip to main content

Expro Group Hldgs N.V.(XPRO-N)
NYSE

Today's Change
Real-Time Last Update Last Sale Cboe BZX Real-Time

Chart of the Day: Expro - Mixed Reviews

Barchart - Mon Feb 27, 2023

The Chart of the Day belongs to the oil & gas services company Expro (XPRO). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on  1/9 the stock gained  6.13%.

XPRO Price vs Daily Moving Averages

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity services. It serves exploration and production companies in onshore and offshore environments in approximately 60 countries with approximately 100 locations. The company was founded in 1938 and is based in Houston, Texas.

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart Technical Indicators:

  • 100% technical buy signals
  • 70.10+Weighted Alpha
  • 49.97% gain in the last year
  • Trend Seeker buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 28.06% in the last month
  • Relative Strength Index 67.32%
  • Recently traded at $23.05 with 50 day moving average of $ 18.59

Fundamental Factors:

  • Market Cap $2.51 billion
  • P/E 411.00
  • Revenue projected to grow 9.60% this year and another 11.00% next year
  • Earnings estimated to increase 338.90% this year and an additional 55.70% next year

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

  • Wall Street analysts have 1 buy and 4 hold opinions in place on this stock
  • Analysts have price targets from $16 to $30 with a consensus of $21 - which is below its recent close
  • Value Line give the stock an average 3 rating 
  • CFRAs MarketScope recommends a Sell
  • 3,000 investors monitor the stock on Seeking Alpha

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in  the next 72 hours.

Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.


On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

Provided Content: Content provided by Barchart. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe