SAExploration Holdings Inc (NASDAQ:SAEX) COO Brian A. Beatty sold 44,311 shares of SAExploration stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $3.05, for a total transaction of $135,148.55. Following the sale, the chief operating officer now owns 41,017 shares of the company’s stock, valued at $125,101.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
SAExploration stock traded down $0.08 during mid-day trading on Friday, hitting $3.21. 58,544 shares of the company traded hands, compared to its average volume of 107,927. SAExploration Holdings Inc has a one year low of $1.82 and a one year high of $73.80. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 4.52.
SAExploration (NASDAQ:SAEX) last announced its earnings results on Monday, May 13th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter. SAExploration had a negative net margin of 51.35% and a negative return on equity of 367.18%. The business had revenue of $93.39 million during the quarter.
A hedge fund recently raised its stake in SAExploration stock. Highbridge Capital Management LLC lifted its holdings in SAExploration Holdings Inc (NASDAQ:SAEX) by 210.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 300,917 shares of the oil and gas company’s stock after acquiring an additional 203,852 shares during the quarter. Highbridge Capital Management LLC owned 9.70% of SAExploration worth $563,000 at the end of the most recent quarter. 32.48% of the stock is currently owned by institutional investors.
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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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