Ridgepost Capital (NYSE:RPC) Lowered to Buy Rating by Wall Street Zen

Ridgepost Capital (NYSE:RPC) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Sunday.

Several other research analysts also recently issued reports on RPC. Barclays upped their target price on shares of Ridgepost Capital from $11.00 to $12.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ridgepost Capital in a research report on Monday, June 8th. Oppenheimer reaffirmed an “outperform” rating on shares of Ridgepost Capital in a report on Friday, May 8th. Finally, Zacks Research cut Ridgepost Capital from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.00.

Ridgepost Capital Stock Up 4.5%

Shares of NYSE RPC traded up $0.34 on Friday, reaching $8.01. 601,780 shares of the company’s stock traded hands, compared to its average volume of 435,925. Ridgepost Capital has a 12 month low of $6.79 and a 12 month high of $13.08. The company has a 50 day moving average of $8.13. The stock has a market cap of $876.39 million, a P/E ratio of 36.39 and a beta of 0.89. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.93.

About Ridgepost Capital

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non?exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.