Stocks having Bumpy Ride for the Day: SeaDrill Limited (NYSE:SDRL), McDermott International (NYSE:MDR)

SeaDrill Limited (NYSE:SDRL) persists its position slightly strong in context of buying side, while shares price dropped -9.21% during latest trading session. Seadrill Ltd. (SDRL) has been on a tear over the past month as oil prices have risen and investors hope a recovery in offshore drilling is around the corner. The move is very speculative right now because we haven’t seen an increase in contract signings, but it’s positive nonetheless.

Narrow down focus to other ratios, the co has current ratio of 0.60 that indicates if SDRL lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 0.60, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 1.12, sometimes its remain same with long term debt to equity ratio.

Following previous ticker characteristics, McDermott International, Inc. (NYSE:MDR) also run on active notice, stock price dropped -3.05% after traded at $7.63 in most recent trading session.

MDR has price to earnings ratio of 187.38 and the price to current year EPS stands at 76.40%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be -37.79%. Moving toward ratio analysis, it has current ratio of 2.00 and quick ratio was calculated as 2.00. The debt to equity ratio appeared as 0.49 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 4.17% for a week and 3.35% for a month. The price volatility’s Average True Range for 14 days was 0.25. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.80 out of 1-5 scale with week’s performance of 9.31%. MDR’s institutional ownership was registered as 84.00%, while insider ownership was 0.30%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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