ENSCO plc (ESV) : During the past 4 weeks, traders have been relatively bearish on ENSCO plc (ESV), hence the stock is down -4.37% 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 -0.51% relative to the S&P 500. The stock has risen by 0.98% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.19% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 1.56% and the 50-Day Moving Average is 0.83%.
ENSCO plc (NYSE:ESV): The stock opened at $10.54 on Friday but the bulls could not build on the opening and the stock topped out at $10.54 for the day. The stock traded down to $10.25 during the day, due to lack of any buying support eventually closed down at $10.28 with a loss of -1.44% for the day. The stock had closed at $10.43 on the previous day. The total traded volume was 3,806,182 shares.
The company Insiders own 0.5% of ENSCO plc shares according to the proxy statements. Institutional Investors own 70.77% of ENSCO plc shares. 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 (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.