Acquisition by John Lovoi of 1283 shares of Dril Quip subject to Rule 16b-3

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 Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Read at macroaxis.com
Dril insider trading alert for acquisition of common stock by John Lovoi, Director, on 1st of April 2024. This event was filed by Dril Quip with SEC on 2024-04-01. Statement of changes in beneficial ownership - SEC Form 4. John Lovoi currently serves as independent chairman of the board 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.

Cash Flow From Operations

Cash Flow From Operations Comparative Analysis

DRQ Old is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

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

MRCMRC Global   11.79   
0%
100.0%
FETForum Energy   3.13   
0%
26.0%
OIIOceaneering International   2.26   
0%
19.0%
OISOil States   2.23   
0%
18.0%
NGSNatural Gas   1.62   
0%
13.0%
RESRPC   0.64   
0%
5.0%
RNGRRanger Energy   0.24   
2.0%
0%
HLXHelix Energy   0.79   
6.0%
0%
FTITechnipFMC PLC   1.14   
9.0%
0%
EFXTEnerflex   1.88   
15.0%
0%
NOVNOV   2.08   
17.0%
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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