Sykon Capital LLC boosted its position in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE – Free Report) by 27.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,000 shares of the company’s stock after purchasing an additional 10,000 shares during the period. Sykon Capital LLC’s holdings in KLX Energy Services were worth $234,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in KLX Energy Services by 1.9% in the 4th quarter. American Century Companies Inc. now owns 216,500 shares of the company’s stock valued at $1,078,000 after purchasing an additional 3,981 shares in the last quarter. Virtu Financial LLC increased its position in KLX Energy Services by 43.3% during the fourth quarter. Virtu Financial LLC now owns 20,086 shares of the company’s stock worth $100,000 after buying an additional 6,067 shares in the last quarter. Mesirow Financial Investment Management Inc. purchased a new position in KLX Energy Services during the fourth quarter worth $50,000. Raymond James Financial Inc. purchased a new position in KLX Energy Services during the fourth quarter worth $305,000. Finally, SkyView Investment Advisors LLC increased its position in KLX Energy Services by 20.0% during the third quarter. SkyView Investment Advisors LLC now owns 15,000 shares of the company’s stock worth $82,000 after buying an additional 2,500 shares in the last quarter. 42.69% of the stock is owned by hedge funds and other institutional investors.
KLX Energy Services Stock Performance
KLX Energy Services stock opened at $3.56 on Friday. The company has a debt-to-equity ratio of 105.76, a quick ratio of 1.08 and a current ratio of 1.24. The stock has a fifty day moving average of $4.92 and a two-hundred day moving average of $5.18. The company has a market capitalization of $61.95 million, a price-to-earnings ratio of -1.20 and a beta of 1.98. KLX Energy Services Holdings, Inc. has a fifty-two week low of $3.50 and a fifty-two week high of $8.13.
KLX Energy Services Company Profile
KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.
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