Stocks Tumbling on Lethargic Results: SeaDrill Limited (NYSE:SDRL), Halliburton Company (NYSE:HAL)

SeaDrill Limited (NYSE:SDRL) persists its position slightly strong in context of buying side, while shares price increased 4.72% during latest trading session. Seadrill Ltd (SDRL) have been crushed by the decline in oil prices over the past two and a half years, which has led explorers around the world to cut back on offshore investments. Some contracts have been cancelled or renegotiated, and the result has been a decline in cash flow so large that Seadrill was forced to suspend its dividend.

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.

Halliburton Company (NYSE:HAL) also run on active notice, stock price surged 0.13% after traded at $54.91 in most recent trading session.

HAL price to current year EPS stands at -119.40%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 2140.00%. The earning yield also gives right direction to lure investment, as the co has 1.31% dividend yield. Moving toward ratio analysis, it has current ratio of 3.20 and quick ratio was calculated as 2.60. The debt to equity ratio appeared as 1.27 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 1.89% for a week and 2.76% for a month. The price volatility’s Average True Range for 14 days was 1.29. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 1.80 out of 1-5 scale with week’s performance of 1.57%. HAL’s institutional ownership was registered as 80.00%, while insider ownership was 0.30%.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

Leave a Reply

Your email address will not be published. Required fields are marked *