Seadrill (SDRL) Stock Price Down 3.8%
Shares of Seadrill (NYSE:SDRL) dropped 3.8% during trading on Thursday . The stock traded as low as $0.26 and last traded at $0.27. Approximately 1,694,928 shares traded hands during trading, a decline of 60% from the average daily volume of 4,210,560 shares. The stock had previously closed at $0.26.
Separately, ValuEngine raised Seadrill from a “strong sell” rating to a “sell” rating in a research note on Monday, April 2nd.
The company has a market capitalization of $132.16, a P/E ratio of 0.20 and a beta of 2.90. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 0.11.
Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates in three segments: Floaters, Jack-up Rigs, and Other. The Floaters segment offers drilling, completion, and maintenance services for offshore exploration and production wells.
Receive News & Ratings for Seadrill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seadrill and related companies with MarketBeat.com's FREE daily email newsletter.