SAExploration Holdings (SAEX) has been under a strong bear grip, hence the stock is down -49.43% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 21.56% in the past 1 week. The stock has risen by 23.38% in the past week indicating that the buyers are active at lower levels, but the stock is down -47.22% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 15.07% and the 50-Day Moving Average is 51.94%.
SAExploration Holdings (NASDAQ:SAEX): The stock opened at $0.25 on Friday but the bulls could not build on the opening and the stock topped out at $0.25 for the day. The stock traded down to $0.18 during the day, due to lack of any buying support eventually closed down at $0.19 with a loss of -17.39% for the day. The stock had closed at $0.23 on the previous day. The total traded volume was 3,003,651 shares.
The company Insiders own 47.4% of SAExploration Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -73.2% . Institutional Investors own 42.01% of SAExploration Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -73.01%. In a related news, Sgro David, Director of SAExploration Holdings, Inc., unloaded 44,000 shares at an average price of $0.14 on June 30, 2016. The total amount of the transaction was worth $6,160, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.