Revenue Update on SAExploration Holdings(NASDAQ:SAEX)

SAExploration Holdings(NASDAQ:SAEX) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Earnings per share were $1.97.

SAExploration Holdings (SAEX) shares turned negative on Fridays trading session with the shares closing down -1.8 points or -12.41% at a volume of 9,25,316. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $15.41. The peak price level was also seen at $15.41 while the days lowest was $12.2. Finally the shares closed at $12.7. The 52-week high of the shares is $464.42554 while the 52-week low is $7.57. According to the latest information available, the market cap of the company is $119 M.

Several Insider Transactions has been reported to the SEC. On Jul 1, 2016, David Sgro (director) sold 44,000 shares at $0.14 per share price.Also, On Jun 30, 2016, Eric Rosenfeld (director) sold 736,834 shares at $0.15 per share price.On Jun 30, 2016, Brian A Beatty (CEO and President) sold 527,500 shares at $0.19 per share price, according to the Form-4 filing with the securities and exchange commission.

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