Deep Down Inc. (DPDW) Scheduled to Post Quarterly Earnings on Monday
Deep Down Inc. (OTCMKTS:DPDW) will be issuing its quarterly earnings data before the market opens on Monday, August 14th.
Shares of Deep Down Inc. (DPDW) traded down 2.00% during midday trading on Friday, reaching $0.98. The company’s stock had a trading volume of 4,700 shares. Deep Down Inc. has a 12 month low of $0.75 and a 12 month high of $1.45. The company has a market cap of $15.07 million, a price-to-earnings ratio of 22.27 and a beta of -0.08. The stock has a 50-day moving average of $1.02 and a 200 day moving average of $1.09.
In other Deep Down news, CEO Ronald Eric Smith sold 58,500 shares of the stock in a transaction dated Friday, May 26th. The stock was sold at an average price of $1.15, for a total value of $67,275.00. Following the completion of the sale, the chief executive officer now directly owns 1,585,762 shares in the company, valued at $1,823,626.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Separately, ValuEngine downgraded Deep Down from a “hold” rating to a “sell” rating in a report on Tuesday, June 20th.
About Deep Down
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.
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