Superior Drilling Products (SDPI) falls 1.69% in Light Trading on January 14

Equities Staff  |

Superior Drilling Products Inc (NYSE: SDPI) shares fell 1.69%, or $0.0141 per share, to close Friday at $0.83. After opening the day at $0.83, shares of Superior Drilling Products fluctuated between $0.83 and $0.82. 47,021 shares traded hands a decrease from their 30 day average of 151,414. Friday's activity brought Superior Drilling Products’s market cap to $23,067,665.

Superior Drilling Products is headquartered in Vernal, Utah..

About Superior Drilling Products Inc

Superior Drilling Products, Inc. is an innovative, cutting-edge drilling tool technology company providing cost saving solutions that drive production efficiencies for the oil and natural gas drilling industry. The Company designs, manufactures, repairs and sells drilling tools. SDP drilling solutions include the patented Drill-N-Ream® well bore conditioning tool and the patented Strider™ oscillation system technology. In addition, SDP is a manufacturer and refurbisher of PDC (polycrystalline diamond compact) drill bits for a leading oil field service company. SDP operates a state-of-the-art drill tool fabrication facility, where it manufactures its solutions for the drilling industry, as well as customers' custom products. The Company's strategy for growth is to leverage its expertise in drill tool technology and innovative, precision machining in order to broaden its product offerings and solutions for the oil and gas industry.

Visit Superior Drilling Products Inc’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Superior Drilling Products Inc and to follow the company’s latest updates, you can visit the company’s profile page here: Superior Drilling Products Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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