Dril-Quip Inc. (DRQ) is Trading Lower on Unusual Volume for January 15

Equities Staff |

Dril-Quip Inc. (DRQ) experienced unusually high volume on Jan. 15, as the stock lost 3.41% to a closing price of $53.31. The stock saw 763,167 shares trade hands over the course of the day on 6,000 trades. Given that the stock’s average daily volume over the last month has been 425,060 shares a day, this represents a pretty substantial spike over the norm.

Dril-Quip Inc. has a P/B ratio of 1.55. It also has a P/E ratio of 10.6. The stock has traded between $81.78 and $52.74 over the last 52-weeks, its 50-day SMA is now $59.97, and its 200-day SMA $66.44.

Dril-Quip Inc designs, manufactures, sells and services highly engineered offshore drilling and production equipment for use in deepwater, harsh environments and severe service applications.

Headquartered in Houston, TX, Dril-Quip Inc. has 2,720 employees and is currently under the leadership of CEO Blake T. DeBerry.

For a complete fundamental analysis analysis of Dril-Quip Inc., check out Equities.com’s Stock Valuation Analysis report for DRQ. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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