KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Shares Sold by Sykon Capital LLC

Sykon Capital LLC decreased its holdings in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 42,000 shares of the company’s stock after selling 1,500 shares during the period. Sykon Capital LLC owned approximately 0.26% of KLX Energy Services worth $473,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Gendell Jeffrey L raised its holdings in KLX Energy Services by 5.9% in the 3rd quarter. Gendell Jeffrey L now owns 1,502,192 shares of the company’s stock valued at $17,801,000 after acquiring an additional 83,140 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of KLX Energy Services by 39.6% during the 3rd quarter. Wellington Management Group LLP now owns 477,600 shares of the company’s stock worth $5,660,000 after buying an additional 135,600 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of KLX Energy Services during the 3rd quarter worth approximately $238,000. Steamboat Capital Partners LLC increased its holdings in shares of KLX Energy Services by 1.9% during the 3rd quarter. Steamboat Capital Partners LLC now owns 168,916 shares of the company’s stock worth $2,002,000 after buying an additional 3,135 shares during the last quarter. Finally, Gamco Investors INC. ET AL increased its holdings in shares of KLX Energy Services by 21.1% during the 3rd quarter. Gamco Investors INC. ET AL now owns 23,000 shares of the company’s stock worth $273,000 after buying an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 42.69% of the company’s stock.

KLX Energy Services Trading Up 3.0 %

Shares of NASDAQ KLXE traded up $0.20 during midday trading on Friday, reaching $6.77. 133,649 shares of the stock were exchanged, compared to its average volume of 201,597. The company has a 50 day simple moving average of $7.44 and a 200 day simple moving average of $9.11. The stock has a market capitalization of $113.26 million, a P/E ratio of 5.42 and a beta of 2.15. The company has a debt-to-equity ratio of 8.26, a quick ratio of 1.56 and a current ratio of 1.77. KLX Energy Services Holdings, Inc. has a twelve month low of $6.24 and a twelve month high of $13.42.

KLX Energy Services (NASDAQ:KLXE) last announced its quarterly earnings results on Wednesday, March 6th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.34). The firm had revenue of $194.20 million for the quarter, compared to analyst estimates of $193.70 million. KLX Energy Services had a return on equity of 62.68% and a net margin of 2.16%. As a group, equities analysts expect that KLX Energy Services Holdings, Inc. will post -0.46 earnings per share for the current year.

KLX Energy Services 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.