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Atwood Oceanics (NYSE:ATW) has been upgraded from Sell to Neutral in a report by Clarkson Capital today.

Having a price of $6.85, Atwood Oceanics (NYSE:ATW) traded -5.26% lower on the day. With the last stock price down -31.05% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $8.24 and a 200-day moving average of $9.94. 3,178,421 shares of ATW traded hands, down from an average trading volume of 4,141,800

Clarkson Capital has upgraded Atwood Oceanics (NYSE:ATW) from Sell to Neutral in a report released on Thursday September 22, 2016.

Recent Performance Chart

Atwood Oceanics (NYSE:ATW)

Atwood Oceanics has one year low of $4.82 and a one year high of $19.65 with a price-earnings ratio of 1.08 and has a total market value of $0.

Also covering Atwood Oceanics's target, a total of 25 firms have reported on Atwood Oceanics. The 12-month price target is $9.93 with 2 brokers rating the company a strong buy, five brokerages rating the stock a buy, 18 analysts rating the company a hold, six equity analysts rating the company a underperform, and lastly one brokerage rating the company a sell.

More About Atwood Oceanics (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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