HOUSTON, Aug. 14, 2019 (GLOBE NEWSWIRE) — Deep Down, Inc. (OTCQB: DPDW) (“Deep Down”), a specialist in deepwater oil and fuel manufacturing and distribution gear and providers, right this moment reported outcomes for its second quarter ended June 30, 2019 (Q2’19). Deep Down will maintain a convention name on August 16, 2019 at 10:00 am ET to evaluation its outcomes and talk about its outlook for the rest of 2019 (particulars under).
Deep Down at a Look
|52-Week Vary:||$0.63 – $1.00||Ebook Worth*:||$17.1M|
|Shares Out (08/13/2019):||13.4M||Value / Ebook Worth+:||0.59x|
|Market Cap+:||$10.04M||TTM Income*:||$19.9M|
|* As of 6/30/19|
|+ As of 8/13/19|
Ron Smith, CEO, commented, “Regardless of continued value sensitivities in our business, Deep Down is discovering success in leveraging our technical experience to help our prospects with complicated options usually associated to their efforts to broaden or lengthen the utilization of present subsea oil and fuel manufacturing belongings.
“One instance is our success in executing on a rising…