ENSCO plc (ESV) : During the past 4 weeks, traders have been relatively bearish on ENSCO plc (ESV), hence the stock is down -16.9% 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 -5.85% relative to the S&P 500. The 4-week change in the price of the stock is -14.83% and the stock has fallen -5.45% in the past 1 week.
ENSCO plc (NYSE:ESV): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.51 and $8.38 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.67, notching a gain of 1.76% for the day. The total traded volume was 8,339,225 . The stock had closed at $8.52 on the previous day.
The stock has recorded a 20-day Moving Average of 8.39% and the 50-Day Moving Average is 12.12%. Ensco plc has dropped 19.49% during the last 3-month period . Year-to-Date the stock performance stands at -43.55%.
ENSCO plc (ESV) : The most positive equity analysts on ENSCO plc (ESV) expects the shares to touch $12, whereas, the least positive believes that the stock will trade at $8 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $9.21 with an expected fluctuation of $1.12 from the mean.
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.