ValuEngine cut shares of Seadrill Limited (NYSE:SDRL) from a buy rating to a hold rating in a research note released on Friday.

A number of other brokerages have also recently commented on SDRL. Societe Generale cut Seadrill Limited from a hold rating to a sell rating in a report on Wednesday, May 31st. BidaskClub raised Seadrill Limited from a sell rating to a hold rating in a report on Thursday, July 27th.

Seadrill Limited (NYSE SDRL) opened at 0.3687 on Friday. Seadrill Limited has a 12 month low of $0.33 and a 12 month high of $4.59. The stock’s market capitalization is $185.99 million. The stock has a 50 day moving average price of $0.40 and a 200 day moving average price of $1.09.

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Seadrill Limited Company Profile

Seadrill Limited is an offshore drilling contractor providing offshore drilling services to the oil and gas industry. The Company’s primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for operations in shallow-, mid-, deep-, and ultra deepwater areas, and in benign and harsh environments.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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