ENSCO plc (ESV) : During the past 4 weeks, traders have been relatively bearish on ENSCO plc (ESV), hence the stock is down -14.76% 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 -9.86% relative to the S&P 500. The 4-week change in the price of the stock is -14.94% and the stock has fallen -10.45% 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 9.31% and the fifty day Moving Average is 16.87%. Ensco plc has dropped 19.75% during the last three month period . Year-to-Date the stock performance stands at -49.21%.
ENSCO plc (ESV) : The consensus price target for ENSCO plc (ESV) is $9.08 for the short term with a standard deviation of $1.22. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $12, however, the pessimist price target for the company is $8.
ENSCO plc (NYSE:ESV): On Fridays trading session , Opening price of the stock was $7.91 with an intraday high of $8.1. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $7.76. However, the stock managed to close at $7.8, a loss of 1.39% for the day. On the previous day, the stock had closed at $7.91. The total traded volume of the day was 7,467,087 shares.
Ensco plc (Ensco) is a global offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. The Company operates in three segments: Floaters, which includes its drill ships and semisubmersible rigs; Jackups and Other, which consists of management services on rigs owned by third-parties. Its Floaters and Jackups segments provide contract drilling. It owns and operates an offshore drilling rig fleet of around 70 rigs, including seven rigs under construction, with drilling operations in markets around the globe. Its rig fleet includes around 10 drill ships, 13 semisubmersible rigs, five moored semisubmersible rigs and 42 jackup rigs. Of its 70 rigs, around 17 are located in North and South America, 17 are located in the Middle East and Africa, 17 are located in the Asia Pacific rim (including five rigs under construction), 15 are located in Europe and the Mediterranean and fits are located in Brazil.