Bridgeway Capital Management LLC Has $630,000 Stake in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Bridgeway Capital Management LLC lowered its stake in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) by 6.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 126,574 shares of the company’s stock after selling 8,200 shares during the period. Bridgeway Capital Management LLC’s holdings in KLX Energy Services were worth $630,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in KLXE. Mesirow Financial Investment Management Inc. bought a new position in shares of KLX Energy Services during the 4th quarter worth about $50,000. PEAK6 LLC acquired a new stake in KLX Energy Services during the fourth quarter valued at approximately $98,000. Virtu Financial LLC grew its stake in shares of KLX Energy Services by 43.3% in the 4th quarter. Virtu Financial LLC now owns 20,086 shares of the company’s stock valued at $100,000 after purchasing an additional 6,067 shares during the period. Barclays PLC raised its holdings in shares of KLX Energy Services by 56,523.3% in the 3rd quarter. Barclays PLC now owns 24,348 shares of the company’s stock worth $133,000 after buying an additional 24,305 shares in the last quarter. Finally, PDT Partners LLC raised its holdings in shares of KLX Energy Services by 41.0% in the 4th quarter. PDT Partners LLC now owns 27,780 shares of the company’s stock worth $138,000 after buying an additional 8,081 shares in the last quarter. Institutional investors own 42.69% of the company’s stock.

KLX Energy Services Price Performance

Shares of KLXE stock opened at $1.93 on Monday. The stock’s fifty day simple moving average is $2.78 and its 200 day simple moving average is $4.35. KLX Energy Services Holdings, Inc. has a one year low of $1.51 and a one year high of $7.66. The firm has a market cap of $33.58 million, a price-to-earnings ratio of -0.65 and a beta of 1.09. The company has a debt-to-equity ratio of 105.76, a current ratio of 1.24 and a quick ratio of 1.08.

KLX Energy Services (NASDAQ:KLXE) last issued its earnings results on Thursday, May 8th. The company reported ($1.27) EPS for the quarter, missing the consensus estimate of ($0.86) by ($0.41). KLX Energy Services had a negative net margin of 6.45% and a negative return on equity of 244.12%. The firm had revenue of $154.00 million during the quarter, compared to analyst estimates of $160.80 million. On average, analysts expect that KLX Energy Services Holdings, Inc. will post -2.79 earnings per share for the current fiscal year.

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.