Atwood Oceanics (ATW) : During the past 4 weeks, traders have been relatively bearish on Atwood Oceanics (ATW), hence the stock is down -17.51% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.18% relative to the S&P 500. The 4-week change in the price of the stock is -15.46% and the stock has fallen -4.78% in the past 1 week.
Atwood Oceanics (NYSE:ATW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.20 and $9.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.17, notching a gain of 0.99% for the day. The total traded volume was 3,247,965 . The stock had closed at $10.07 on the previous day.
The stock has recorded a 20-day Moving Average of 10.9% and the 50-Day Moving Average is 12.77%. Atwood Oceanics, Inc. has dropped 11.72% during the last 3-month period . Year-to-Date the stock performance stands at 0.15%.
Atwood Oceanics (ATW) : 11 investment research analysts covering Atwood Oceanics (ATW) have an average price target of $11.55 for the near short term. The highest target price given by the Brokerage Firm to the stock is $19 and the lowest target is $6 for the short term. Analysts expect the variance to be within $4.16 of the average price.
Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells. The Company has a fleet of approximately 13 mobile offshore drilling units located around the world. The Companys fleet includes Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its segment Offshore Contract Drilling Services consists of mobile offshore drilling units and related equipment comprising its offshore rig fleet. Its segment conducts offshore contract drilling operations located in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia and offshore Australia. The Companys projects are Atwood Advantage, Atwood Achiever, Atwood Admiral and Atwood Archer. The Atwood Advantage, Atwood Achiever, Atwood Admiral and Atwood Archer are DP-3 dynamically-positioned, dual derrick, ultra-deepwater drillships rated to operate in water depths approximately up to 12,000 feet.