Shares of SAExploration Holdings Inc (NASDAQ:SAEX) reached a new 52-week low during trading on Friday . The company traded as low as $0.41 and last traded at $0.44, with a volume of 7054 shares changing hands. The stock had previously closed at $0.50.

Separately, ValuEngine raised shares of SAExploration from a “sell” rating to a “hold” rating in a research note on Saturday, June 2nd.

The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 5.62.

SAExploration (NASDAQ:SAEX) last posted its quarterly earnings data on Wednesday, August 8th. The oil and gas company reported ($2.24) EPS for the quarter. SAExploration had a negative net margin of 80.46% and a negative return on equity of 394.81%. The firm had revenue of $16.88 million for the quarter.

An institutional investor recently bought a new position in SAExploration stock. Highbridge Capital Management LLC acquired a new stake in shares of SAExploration Holdings Inc (NASDAQ:SAEX) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 775,698 shares of the oil and gas company’s stock, valued at approximately $1,047,000. Highbridge Capital Management LLC owned approximately 5.20% of SAExploration at the end of the most recent quarter. 62.67% of the stock is owned by institutional investors and hedge funds.

SAExploration Company Profile (NASDAQ:SAEX)

SAExploration Holdings, Inc, an oilfield services company, provides seismic data acquisition and logistical support services in Alaska, Canada, South America, West Africa, and Southeast Asia. Its seismic data acquisition services include program design, planning and permitting, camp service, survey, drilling, recording, reclamation, and in-field data processing.

Further Reading: Book Value Per Share – BVPS

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