Disposition of 9483 shares by Kyle Mcclure of Dril Quip at 22.78 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 Dril Quip Officer: Vice President And Cfo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

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Disposition of 9483 common stock at 22.78 of Dril Quip by Kyle Mcclure on 6th of September 2024. This event was filed by Dril Quip with SEC on 2023-10-28. Statement of changes in beneficial ownership - SEC Form 4. Kyle Mcclure currently serves as chief financial officer, vice president 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.

Market Capitalization

Market Capitalization Comparative Analysis

DRQ Old is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

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

RNGRRanger Energy   0.34   
8.0%
EFXTEnerflex   0.76   
19.0%
MRCMRC Global   1.21   
31.0%
OISOil States   1.58   
40.0%
NGSNatural Gas   1.60   
41.0%
FTITechnipFMC PLC   2.06   
53.0%
OIIOceaneering International   2.73   
70.0%
FETForum Energy   3.21   
82.0%
HLXHelix Energy   3.34   
86.0%
NOVNOV   3.80   
98.0%
RESRPC   3.87   
100.0%
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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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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