Deep Down, Inc. (OTC:DPDW) penny Stock Need Investors Attention On Monday 30th

Company Background Deep Down, Inc. (OTC:DPDW):

Deep Down Inc offers oilfield services to the offshore exploration, development and production industry all over the world. DPDW is a services company which is generated in producing engineered products. Deep Down design and manufactures a wide range of deep water, surface and offshore rig equipment and also offer buoyancy solutions which are used by oil and gas companies in offshore areas worldwide. The company was incorporated in 1997 and its headquartered situated in Houston, Texas.

Financial Analysis:

Deep Down, Inc. (OTC:DPDW) generated the total revenue of $8.57 million for the quarter ended September 30th, 2011 as compared to revenue of $10.41 million for the same period last year. The company reported the net profit of $0.61 million or earnings of $0.00 per share for the respective quarter as compared to net loss of $4.39 million or earnings of $0.00 per share last year.

The company’s total assets accumulate up to $32.45 million out of which fixed assets have the highest proportion. The company maintains a short term liquidity position as per its current ratio of 0.81 times.