SAExploration Holdings, Inc. (SAEX) in Focus: Stock Soars 16.6% – Tale of the Tape

Zacks

SAExploration Holdings, Inc. (SAEX) was a big mover last session, as the company saw its shares rise by around 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 16.18% in the past one-month time frame.

The company has seen one negative revision in the past one month, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

SAExploration Holdings currently carries a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the oil & gas equipment & services industry include Emerge Energy Services LP (EMES), Newpark Resources Inc. (NR) and Transocean Partners LLC (RIGP). All these stocks carry a Zacks Rank #2 (Buy).

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