Diamond Offshore Drilling Inc (NYSE:DO) has been upgraded to Buy in a report by Zephirin Group today.
- Updated: September 19, 2016
Having a price of $15.02, Diamond Offshore Drilling Inc (NYSE:DO) traded 0.00% even on the day. The last stock price close is down 32.06% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same time period. Diamond Offshore Drilling Inc has been tracking to a 50-day average of $19.45 and two hundred day average of $22.55. 3,822 shares of the stock exchanged hands, down from ann avg. volume of 2,532,310
Zephirin Group has upgraded Diamond Offshore Drilling Inc(NYSE:DO) to Buy in a report released 9/19/2016.
See Graph Below:
A total of 28 firms have issued a ratings update on the company. Zero rate the company a strong buy, two firms rate the company a buy, 21 firms rate the stock a hold, six firms rate the stock to underperform, and finally five analystsrate the company as sell with a consensus target price of $20.61
Diamond Offshore Drilling Inc has a 52 week low of $14.18 and a 52 week high of $26.72 . Diamond Offshore Drilling Inc’s market capitalization is presently $0.0.
About Diamond Offshore Drilling Inc (NYSE:DO)
Diamond Offshore Drilling, Inc. is engaged in offshore drilling and providing contract drilling services to the energy industry. The Company has a fleet of approximately 30 offshore drilling rigs, such as semisubmersibles, jack-ups and dynamically positioned (DP) drillships. Its fleet offers a range of services around the world in the floater market (ultra-deepwater, deepwater and mid-water). Its Jack-up rigs are mobile, self-elevating drilling platforms equipped with legs that are lowered to the ocean floor. Its jack-ups are used for drilling in water depths from 20 feet to 350 feet. All of its jack-up rigs are equipped with a cantilever system that enables the rig to extend its drilling package over the aft end of the rig. Its drillships and semisubmersible rigs include Ocean Greatwhite, Ocean Valor, Ocean Courage, Ocean BlackHornet, and Ocean BlackRhino and others. It provides offshore drilling services to oils and gas companies and government-owned oil companies.
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