Ridgepost Capital (NYSE:RPC) Lowered to Buy Rating by Wall Street Zen

Ridgepost Capital (NYSE:RPC) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Sunday.

Several other equities research analysts have also recently issued reports on RPC. Weiss Ratings reiterated a “hold (c-)” rating on shares of Ridgepost Capital in a research report on Monday, June 8th. Oppenheimer restated an “outperform” rating on shares of Ridgepost Capital in a research report on Friday, May 8th. Zacks Research cut shares of Ridgepost Capital from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, Barclays raised their target price on shares of Ridgepost Capital from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $12.00.

Ridgepost Capital Stock Up 4.5%

NYSE RPC traded up $0.34 during trading hours on Friday, reaching $8.01. The company’s stock had a trading volume of 601,780 shares, compared to its average volume of 435,925. The business’s 50-day moving average is $8.13. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.93. Ridgepost Capital has a 1 year low of $6.79 and a 1 year high of $13.08. The stock has a market cap of $876.39 million, a P/E ratio of 36.39 and a beta of 0.89.

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.