Koil Energy Solutions, Inc. (OTCMKTS:DPDW – Get Free Report) fell 2.5% during mid-day trading on Thursday. The stock traded as low as $2.32 and last traded at $2.32. Approximately 13,818 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 19,816 shares. The stock had previously closed at $2.38.
Koil Energy Solutions Stock Down 2.5%
The company has a market capitalization of $30.40 million, a P/E ratio of -46.40 and a beta of 0.90. The firm’s 50-day moving average price is $2.86 and its 200 day moving average price is $2.51.
Koil Energy Solutions Company Profile
Koil Energy Solutions, Inc., formerly known as Deep Down, Inc., is a Houston-based provider of equipment and services for the offshore energy industry. The company develops and supplies subsea products intended to support the installation, connection, protection and operation of offshore oil and natural gas infrastructure. Its product offerings have included subsea distribution systems, umbilical termination assemblies, flying leads, pressure vessels, buoyancy products, connectors and related subsea installation equipment.
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