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A statement released earlier today by Vetr Inc. about Atwood Oceanics, Inc. (NYSE:ATW) bumps the target price to $9.18

Vetr Inc. bumped up the target of Atwood Oceanics, Inc. (NYSE:ATW) to $9.18 stating a potential upside of 0.17%.

On 11/21/2016, Vetr Inc. released a statement for Atwood Oceanics, Inc. (NYSE:ATW) bumped up the target price from $0.00 to $9.18 that suggested an upside of 0.15%.

Boasting a price of $7.82, Atwood Oceanics, Inc. (NYSE:ATW) traded -5.10% lower on the day. With the last stock price close down -19.14% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Atwood Oceanics, Inc. has recorded a 50-day average of $8.27 and a two hundred day average of $9.67. Volume of trade was down over the average, with 3,611,874 shares of ATW changing hands under the typical 3,882,140

Performance Chart

Atwood Oceanics, Inc. (NYSE:ATW)

With a total market value of $0, Atwood Oceanics, Inc. has price-earnings ratio of 1.91 with a one year low of $4.82 and a one year high of $16.57 .

A total of 25 equity analysts have released a ratings update on ATW. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, eighteen equity analysts rating the company a hold, six equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $9.93.

Brief Synopsis About Atwood Oceanics, Inc. (NYSE:ATW)

Atwood Oceanics, Inc. is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey. Its Jackup Rigs included Atwood Mako, Atwood Manta, Atwood Aurora, Atwood Beacon and Atwood Orca. The Atwood Mako and Atwood Manta, both approximately 400-foot water depth Pacific Class jackup rigs, are operating offshore Vietnam and offshore Thailand. The Atwood Aurora, an approximately 350-foot water depth jackup, is operating offshore West Africa. The Atwood Beacon, an approximately 400-foot water depth jackup, is operating in the Mediterranean Sea.

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