Seadrill Limited (SDRL) : During the past 4 weeks, traders have been relatively bearish on Seadrill Limited (SDRL), hence the stock is down -19.99% 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 -9.42% relative to the S&P 500. The 4-week change in the price of the stock is -21.61% and the stock has fallen -8.94% in the past 1 week.
The stock has recorded a 20-day Moving Average of 12.83% and the 50-Day Moving Average is 22.63%.The 200 Day SMA reached 32.48% SeaDrill Limited has dropped 37.61% during the last 3-month period . Year-to-Date the stock performance stands at -36.87%.
Seadrill Limited (SDRL) : 4 investment research analysts covering Seadrill Limited (SDRL) have an average price target of $2.93 for the near short term. The highest target price given by the Brokerage Firm to the stock is $5 and the lowest target is $2 for the short term. Analysts expect the variance to be within $1.49 of the average price.
The shares have received a consensus rating of Sell for the current week Seadrill Limited (NYSE:SDRL): The stock was completely flat for the day, closing at $2.14 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $2.12, the stock touched an intraday high of $2.32 and a low of $2.09. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $2.14. The total trading volume on Friday was 9,778,253.
Seadrill Limited is an offshore drilling contractor providing offshore drilling services to the oil and gas industry. The Companys primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for operations in shallow and deep water areas, as well as benign and harsh environments. The Company has three operating segments: Floaters, Jack-ups rigs and Other. The Companys Floaters segment includes drillships and semi-submersible rigs. The Companys Jack-ups rigs segment includes jack-up rigs. The Companys Other segment consists primarily of rig management services. The Company, through its subsidiaries, owns and operates its offshore drilling units and makes investments in other offshore drilling and oil services companies. Its subsidiaries include North Atlantic Drilling Ltd, Sevan Drilling ASA and Asia Offshore Drilling. It owns and operates approximately 43 offshore drilling units and has 16 offshore drilling units under construction.