Moderate trading volume on October 11, high-quality drilling products (SDPI) fell 6.99% | Stock News

2021-10-26 02:14:58 By : Mr. Jackie Guo

SDPI-market data and news

Today, the share price of Superior Drilling Products Inc Inc (NYSE: SDPI) fell by $0.1, or 6.99%. The opening price of high-quality drilling products was US$1.62 and subsequently traded between US$1.59 and US$1.30 during the entire trading session on Monday. In this event, the market value of Superior Drilling Products fell to US$34,263,915 at the price of 3,274,198 shares, which was lower than the 30-day average of 8,498,045 shares.

About Superior Drilling Products Inc

Superior Drilling Products, Inc. is an innovative cutting-edge drilling tool technology company that provides cost-saving solutions to improve production efficiency in the oil and gas drilling industry. The company designs, manufactures, repairs and sells drilling tools. SDP drilling solutions include the patented Drill-N-Ream® wellbore adjustment tool and the patented Strider™ oscillation system technology. In addition, SDP is a leading oilfield service company's PDC (polycrystalline diamond composite) drill bit manufacturer and refurbishment company. SDP operates the most advanced drilling tool manufacturing facilities, manufacturing solutions and customized products for the drilling industry. The company's growth strategy is to use its expertise in drilling tool technology and innovative precision machining to expand its product supply and solutions in the oil and gas industry.

For more information, please visit Superior Drilling Products Inc's profile.

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The New York Stock Exchange is the world's largest stock exchange by market capitalization, with a market capitalization of more than US$26 trillion. It is also a leader in initial public offerings, raising $82 billion in 2020, including six of the seven largest technology deals. 63% of SPAC revenue in 2020 was raised on the New York Stock Exchange, including the six largest transactions.

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

Source: The chart is provided by TradingView based on prices delayed by 15 minutes. All other data is provided by IEX Cloud at 8:05 PM EST on the date of publication.

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