Acquisition by James Webster of 21949 shares of Dril Quip subject to Rule 16b-3

DRQDelisted Stock  USD 15.88  0.43  2.78%   
Slightly above 55% of DRQ Old's retail investors are presently thinking to get in. The analysis of current outlook of investing in DRQ Old suggests that some traders are interested regarding DRQ Old's prospects. DRQ Old's investing sentiment overview a quick insight into current market opportunities from investing in DRQ Old. Many technical investors use DRQ Old stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Filed transaction by Drilquip Inc officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Read at macroaxis.com
Dril insider trading alert for grant of common stock by James Webster, VP - Gen Counsel Secretary, on 30th of October 2023. This event was filed by Drilquip Inc with SEC on 2023-10-30. Statement of changes in beneficial ownership - SEC Form 4. James Webster currently serves as vice president, general counsel, secretary of Dril-Quip

DRQ Old Fundamental Analysis

We analyze DRQ Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DRQ Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DRQ Old based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Liabilities

Current Liabilities Comparative Analysis

DRQ Old is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

DRQ Old Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DRQ Old stock to make a market-neutral strategy. Peer analysis of DRQ Old could also be used in its relative valuation, which is a method of valuing DRQ Old by comparing valuation metrics with similar companies.

Peers

DRQ Old Related Equities

FTITechnipFMC PLC   1.05   
0%
32.0%
EFXTEnerflex   0.1   
0%
3.0%
NOVNOV   0.07   
2.0%
0%
OIIOceaneering International   0.07   
2.0%
0%
RESRPC   0.49   
15.0%
0%
FETForum Energy   0.73   
22.0%
0%
HLXHelix Energy   1.47   
45.0%
0%
MRCMRC Global   1.88   
58.0%
0%
OISOil States   2.06   
63.0%
0%
RNGRRanger Energy   2.62   
80.0%
0%
NGSNatural Gas   3.24   
100.0%
0%
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Other Consideration for investing in DRQ Stock

If you are still planning to invest in DRQ Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the DRQ Old's history and understand the potential risks before investing.
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