ENSCO plc (ESV) : During the past 4 weeks, traders have been relatively bearish on ENSCO plc (ESV), hence the stock is down -19.5% 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% relative to the S&P 500. The 4-week change in the price of the stock is -21.13% and the stock has fallen -5.5% in the past 1 week.
The stock has recorded a 20-day Moving Average of 10.88% and the 50-Day Moving Average is 20.48%.The 200 Day SMA reached 34.12% Ensco plc has dropped 33.21% during the last 3-month period . Year-to-Date the stock performance stands at -55.21%.
ENSCO plc (ESV) : The highest level ENSCO plc (ESV) is projected to reach is $12 for the short term and the lowest estimate is at $8. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $9.04 and the possibility the share price can swing is $1.28.
Company shares have received an average consensus rating of Hold for the current week ENSCO plc (NYSE:ESV): stock was range-bound between the intraday low of $6.72 and the intraday high of $6.94 after having opened at $6.82 on Fridays session. The stock finally closed in the red at $6.82, a loss of -1.72%. The stock remained in the red for the whole trading day. The total traded volume was 14,007,306 shares. The stock failed to cross $6.94 in Fridays trading. The stocks closing price on Thursday was $6.87.
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.