Insider Trading

Slightly above 67% of DRQ Old's investor base is looking to short. The analysis of current outlook of investing in DRQ Old suggests that many traders are alarmed 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 Dril Quip Executive. Insider Public Trading

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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.

Cash And Equivalents

Cash And Equivalents Comparative Analysis

DRQ Old is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

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

FETForum Energy   7.38   
0%
100.0%
EFXTEnerflex   4.04   
0%
54.0%
MRCMRC Global   3.51   
0%
47.0%
OIIOceaneering International   2.97   
0%
40.0%
FTITechnipFMC PLC   2.79   
0%
37.0%
NOVNOV   2.73   
0%
36.0%
RNGRRanger Energy   2.66   
0%
36.0%
RESRPC   2.10   
0%
28.0%
NGSNatural Gas   2.03   
0%
27.0%
OISOil States   1.23   
0%
16.0%
HLXHelix Energy   0.76   
0%
10.0%
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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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