Diamond Offshore Drilling (DO) : During the past 4 weeks, traders have been relatively bearish on Diamond Offshore Drilling (DO), hence the stock is down -17.08% 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 -4.37% relative to the S&P 500. The 4-week change in the price of the stock is -17.25% and the stock has fallen -5% 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 8.43% and the fifty day Moving Average is 17.65%. Diamond Offshore Drilling, Inc. has dropped 25.16% during the last three month period . Year-to-Date the stock performance stands at -10.9%.
Diamond Offshore Drilling (DO) : Average target price received by Diamond Offshore Drilling (DO) is $21.11 with an expected standard deviation of $5.32. The most aggressive target on the stock is $33, whereas the most downbeat target is $15. 16 financial analysts are currently covering the stock.
Diamond Offshore Drilling (NYSE:DO): On Fridays trading session , Opening price of the stock was $18.88 with an intraday high of $19.18. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.63. However, the stock managed to close at $18.8, a loss of 0.32% for the day. On the previous day, the stock had closed at $18.86. The total traded volume of the day was 1,419,804 shares.
Diamond Offshore Drilling, Inc. is a company engaged in offshore drilling and providing contract drilling services to the energy industry. The Company has a fleet of 38 offshore drilling rigs, including 27 semisubmersibles, six jack-ups and five drillships. The Companys diverse fleet enables the Company to offer a range of services around the world in both the floater market (ultra-deepwater, deepwater and mid-water) and the non-floater, or jack-up, market. The Companys floater fleet (semisubmersibles and drillships) is of three types: ultra-deepwater, deepwater, and mid-water. Jack-up rigs are mobile, self-elevating drilling platforms equipped with legs that are lowered to the ocean floor. The Companys jack-ups are used for drilling in water depths from 20 feet to 350 feet. All of the Companys jack-up rigs are equipped with a cantilever system that enables the rig to extend its drilling package over the aft end of the rig.