RigNet Inc
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Energy : Energy Equipment & Services | Small Cap Value
Company profile

RigNet, Inc. (RigNet) provides customized systems and solutions serving customers with data networking and operational requirements. The Company provides voice and data network, video conferencing and monitoring, crew welfare, asset and weather monitoring, and real-time data services. It operates through two segments: Managed Services, and Systems Integration and Automation (SI&A). The Managed Services segment provides remote communications services for offshore and onshore drilling rigs and production facilities, as well as, support vessels and other remote sites. The SI&A segment provides customized solutions for customer telecommunications systems. As of December 31, 2016, the Company provided remote communications and collaborative services to approximately 500 customers reaching approximately 900 remote sites located in approximately 50 countries on six continents. It provides managed remote communications, engineered telecommunications solutions and applications.

Closing Price
$4.05
Day's Change
-0.08 (-1.94%)
Bid
--
Ask
--
B/A Size
--
Day's High
4.25
Day's Low
4.01
Volume
(Below Average)
Volume:
110,348

10-day average volume:
131,582
110,348

UPDATE: Facebook shares close above $300 per share for first time

4:02 pm ET August 26, 2020 (MarketWatch)
Print

Facebook Inc. (FB) shares closed up 8% to $303.91 in trading Wednesday as the social-networking giant surpassed the mark for the first time. Cowen analysts are particularly bullish on the company: On Tuesday, the firm set a street high price target of $330 on the stock. Facebook's stock is up 48% this year. The broader S&P 500 index is up 7.7% this year.

-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 26, 2020 16:02 ET (20:02 GMT)

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