Large Outflow of Money Witnessed in ENSCO plc

ENSCO plc (ESV) : The total money flow in ENSCO plc (ESV) was negative ($2.72 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $5.48 million. Transactions on upticks were comparatively lower at $2.76 million. The uptick to downtick ratio was 0.5. The total block trades done on upticks were valued at $0.15 million. The total block trades on downticks were valued at $2.89 million. The uptick to the downtick ratio of block trades was 0.05. The money flow during block trades was negative ($2.74 million) when the stock traded with a gain of $5 cent. ENSCO plc (ESV) was $10.33, an increase of 0.49% over the previous days close.


Ensco plc is up 2.69% in the last 3-month period. Year-to-Date the stock performance stands at -32.67%. Shares of Ensco plc rose by 4.66% in the last five trading days and 4.02% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Edwards Robert W Iii, officer (Vice President – Finance) of Ensco Plc, had unloaded 1,500 shares at an average price of $16.22 in a transaction dated on December 23, 2015. The total value of the transaction was worth $24,330.

ENSCO plc (NYSE:ESV): stock turned positive on Monday. Though the stock opened at $10.21, the bulls momentum made the stock top out at $10.37 level for the day. The stock recorded a low of $9.97 and closed the trading day at $10.34, in the green by 0.58%. The total traded volume for the day was 4,724,800. The stock had closed at $10.28 in the previous days trading.

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.

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