Tesco Corporation (TESO) Plunges 5.43% on September 08

Tesco Corporation (TESO) had a rough trading day for Friday September 08 as
tumbled 5.43%, or a loss of $-0.25 per share, to close at $4.35. After opening the day at $4.60, shares of Tesco Corporation traded as high as $4.60 and as
low as $4.28. Volume was 393,855 shares over 2,276 trades, against an average daily volume of 535,389 shares and a total float of 46.75 million.

As a result of the decline, Tesco Corporation now has a market cap of $203.38 million. In the last
year, shares of Tesco Corporation have traded between a range of $9.65 and $3.70, and its 50-day SMA is currently $4.39 and 200-day SMA is $6.57.

For a complete fundamental analysis of Tesco Corporation, check out Equities.com’s Stock Valuation Analysis report for

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to
learn more about Guild Investment’s Market Commentary and Adam Sarhan’s
Find Leading Stocks

Tesco Corp is engaged in designing, manufacturing and service delivery of technology based solutions for the upstream energy industry. Its products and service offerings consist of equipment sales and services to drilling contractors.

Tesco Corporation is based out of Houston, TX and has some 1,184 employees. Its CEO is Fernando R. Assing.

Tesco Corporation is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an
industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.

To get more information on Tesco Corporation and to follow the company’s latest updates, you can visit the company’s profile page here:
TESO’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
. Also, don’t forget to sign-up for our daily
email newsletter
to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Leave a Reply

Your email address will not be published. Required fields are marked *


4 × two =