Exterran (NYSE:EXTN) Stock Price Up 6.6%

Shares of Exterran Corp (NYSE:EXTN) rose 6.6% during mid-day trading on Friday . The stock traded as high as $5.96 and last traded at $5.94, approximately 469,799 shares were traded during mid-day trading. An increase of 125% from the average daily volume of 209,173 shares. The stock had previously closed at $5.57.

Several research firms recently issued reports on EXTN. ValuEngine raised Exterran from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, December 3rd. Zacks Investment Research cut Exterran from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th.

The company’s 50-day moving average price is $9.16 and its 200-day moving average price is $11.67. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.99 and a current ratio of 1.51.

Exterran (NYSE:EXTN) last announced its quarterly earnings data on Monday, November 4th. The energy company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). Exterran had a negative net margin of 2.02% and a negative return on equity of 3.30%. The business had revenue of $302.43 million during the quarter, compared to analyst estimates of $337.00 million. Research analysts expect that Exterran Corp will post -0.35 EPS for the current fiscal year.

Hedge funds have recently modified their holdings of the business. Susquehanna International Group LLP acquired a new position in shares of Exterran in the second quarter worth $155,000. Marshall Wace North America L.P. purchased a new stake in shares of Exterran during the second quarter worth $156,000. State of Tennessee Treasury Department raised its stake in shares of Exterran by 8.5% in the third quarter. State of Tennessee Treasury Department now owns 14,004 shares of the energy company’s stock valued at $183,000 after acquiring an additional 1,101 shares in the last quarter. Cubist Systematic Strategies LLC raised its stake in shares of Exterran by 35.0% in the second quarter. Cubist Systematic Strategies LLC now owns 16,010 shares of the energy company’s stock valued at $228,000 after acquiring an additional 4,147 shares in the last quarter. Finally, Capital Fund Management S.A. acquired a new stake in shares of Exterran in the second quarter valued at $236,000. 88.60% of the stock is owned by institutional investors.

Exterran Company Profile (NYSE:EXTN)

Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural gas production and process equipment; and water treatment and power solutions.

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