Seadrill (SDRL) Shares Gap Up to $0.24
Seadrill Ltd (NYSE:SDRL) gapped up before the market opened on Tuesday . The stock had previously closed at $0.24, but opened at $0.24. Seadrill shares last traded at $0.23, with a volume of 5885000 shares trading hands.
Separately, ValuEngine raised Seadrill from a “hold” rating to a “buy” rating in a report on Monday, October 2nd.
The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $132.10, a PE ratio of -0.21 and a beta of 3.01.
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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.
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