Atwood Oceanics (ATW) : During the past 4 weeks, traders have been relatively bearish on Atwood Oceanics (ATW), hence the stock is down -23.15% 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 -6.64% relative to the S&P 500. The 4-week change in the price of the stock is -23.32% and the stock has fallen -7.25% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 13.82% and the fifty day Moving Average is 25.86%. Atwood Oceanics, Inc. has dropped 22.44% during the last three month period . Year-to-Date the stock performance stands at -19.35%.
Atwood Oceanics (ATW) : The highest level Atwood Oceanics (ATW) is projected to reach is $19 for the short term and the lowest estimate is at $6. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $11.27 and the possibility the share price can swing is $4.31.
Atwood Oceanics (NYSE:ATW): stock turned positive on Friday. Though the stock opened at $8, the bulls momentum made the stock top out at $8.43 level for the day. The stock recorded a low of $8 and closed the trading day at $8.19, in the green by 1.99%. The total traded volume for the day was 3,627,335. The stock had closed at $8.03 in the previous days trading.
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.