(XPRO) Expro Holdings - Ratings and Ratios

Expro Group Holdings N.V. is a leading energy services provider operating in over 50 countries across the globe, catering to the needs of exploration and production companies in both onshore and offshore environments. The companys comprehensive suite of services includes well construction products and well management solutions, such as tubular running services, well flow management, and subsea well access, designed to optimize the performance and integrity of oil and gas wells.

With a rich history dating back to 1938, Expro Group Holdings N.V. has established itself as a trusted partner in the energy industry, leveraging its expertise to deliver technology-driven solutions that enhance the efficiency and productivity of its clients operations. The companys global footprint spans North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific, enabling it to respond to the diverse needs of its customers across different regions.

From a technical analysis perspective, XPROs stock price has been trending upwards, with its 20-day simple moving average (SMA20) at $8.80 and 50-day SMA at $8.42, indicating a potential bullish momentum. However, the stocks 200-day SMA stands at $12.35, suggesting a significant resistance level. Given the current price of $9.60 and an average true range (ATR) of 0.41, representing a 4.25% daily volatility, a potential trading range can be established.

Fundamentally, Expro Group Holdings N.V. has a market capitalization of $990.05 million, with a price-to-earnings (P/E) ratio of 14.54 and a forward P/E of 8.63, indicating a relatively attractive valuation. The companys return on equity (RoE) stands at 4.62%, suggesting a moderate level of profitability. Considering these fundamental metrics and the technical indicators, a forecast for XPROs stock price can be made, anticipating a potential short-term target of $10.50, based on the stocks current trend and volatility. However, the stocks long-term prospects will depend on its ability to overcome the resistance level at $12.35 and the overall performance of the energy sector.

Based on the analysis, a potential trading strategy could involve buying XPRO at the current price, with a stop-loss set at $9.00, and a take-profit target at $10.50, with a potential extension to $12.00 if the stock demonstrates sufficient momentum. This strategy is contingent upon the stocks ability to maintain its upward trend and the overall market conditions.