Shares of SAExploration Holdings Inc (NASDAQ:SAEX) saw unusually-high trading volume on Tuesday . Approximately 10,731,400 shares changed hands during trading, an increase of 1,919% from the previous session’s volume of 531,542 shares.The stock last traded at $2.75 and had previously closed at $1.51.
Separately, ValuEngine raised shares of SAExploration from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd.
The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 4.52. The firm’s fifty day moving average is $1.70 and its 200-day moving average is $2.60.
About SAExploration (NASDAQ:SAEX)
SAExploration Holdings, Inc, an oilfield services company, provides seismic data acquisition and logistical support services in Alaska, Canada, South America, West Africa, and Southeast Asia. Its seismic data acquisition services include program design, planning and permitting, camp service, survey, drilling, recording, reclamation, and in-field data processing.
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