NASDAQ: RNET       Rignet Inc
Last Price Today's Change   Day's Range   Trading Volume
7.07   +0.06 (0.86%)  6.36 - 7.15  109,000


Avg Volume (4 weeks):340,127
4 Weeks Range:5.36 - 7.15
4 Weeks Price Volatility (%):
52 Weeks Range:0.77 - 7.15
52 Weeks Price Volatility (%):
Average Price Target: 35.00
Price Target Upside/Downside: +27.93


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Business Background

RigNet Inc. is a provider of digital technology solutions to the oil and gas industry. Its customers use the firm's secure communications and private extranet to execute operations in remote areas with unreliable telecommunications infrastructure. The firm operates in three segments: eastern hemisphere and western hemisphere, two segments which provide remote communications services to offshore and onshore rigs based on geographic region; and telecoms systems integration, which designs and installs turn-key solutions for telecommunications systems. The firm generates revenue in the United States, Brazil, Canada, Mexico, Norway, West Africa, Saudi Arabia, India, and other countries.

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