North Atlantic Drilling Limited NADL was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 53.6% in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Thursday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
North Atlantic Drilling currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another favorably ranked stock in the Oil & Gas-Drilling industry is Diamond Offshore Drilling, Inc. DO, with a Zacks Rank #2.
Is NADL going up? Or down? Predict to see what others think: Up or Down
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