Wall Street Zen Downgrades Ridgepost Capital (NYSE:RPC) to Hold

Ridgepost Capital (NYSE:RPC) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

A number of other analysts have also recently commented on the stock. Oppenheimer restated an “outperform” rating on shares of Ridgepost Capital in a research note on Friday, May 8th. Barclays lowered their target price on shares of Ridgepost Capital from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ridgepost Capital in a report on Monday, June 8th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $11.00.

Ridgepost Capital Stock Performance

Shares of Ridgepost Capital stock opened at $8.69 on Friday. The company has a market cap of $957.99 million, a PE ratio of 34.76 and a beta of 0.87. Ridgepost Capital has a 52-week low of $6.79 and a 52-week high of $12.90. The company has a quick ratio of 2.71, a current ratio of 2.71 and a debt-to-equity ratio of 0.95. The firm has a 50-day moving average price of $8.31.

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.