Deep Down Inc. (DPDW) Posts Earnings Results

Deep Down Inc. (OTCMKTS:DPDW) issued its quarterly earnings data on Tuesday. The energy company reported ($0.08) earnings per share (EPS) for the quarter, reports. Deep Down had a net margin of 6.51% and a return on equity of 7.27%.

Shares of Deep Down (OTCMKTS:DPDW) remained flat at $$0.85 during mid-day trading on Tuesday. The stock had a trading volume of 53 shares, compared to its average volume of 12,223. The firm has a market cap of $12.13, a P/E ratio of 8.60 and a beta of -0.21. Deep Down has a one year low of $0.80 and a one year high of $1.45.

Separately, ValuEngine lowered shares of Deep Down from a “hold” rating to a “sell” rating in a research report on Friday, September 1st.

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About Deep Down

Deep Down, Inc is engaged in the oilfield services industry. The Company operates through Deep Down Delaware segment. The Company is a provider of specialized services to the offshore energy industry to support deep water and ultra-deep water exploration, development and production of oil and gas, and other maritime operations.

Earnings History for Deep Down (OTCMKTS:DPDW)

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