As on Wednesday, Diamond Offshore Drilling, Inc. (NYSE: DO) got off with the flyer as it spiked 2.05% to $14.46, before settling in for the price of $14.17 at the close. Taking a more long-term approach, DO posted a 52-week range of $10.44-$17.32.
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The Energy sector firm’s twelve-monthly sales growth has been 1.15% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 19.66%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 196.93%. This publicly-traded company’s shares outstanding now amounts to $102.32 million, simultaneously with a float of $100.99 million. The organization now has a market capitalization sitting at $1.48 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.61, while the 200-day Moving Average is $13.54.
Diamond Offshore Drilling, Inc. (DO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Drilling industry. Diamond Offshore Drilling, Inc.’s current insider ownership accounts for 1.30%, in contrast to 91.59% institutional ownership. According to the most recent insider trade that took place on Mar 19 ’24, this organization’s Senior Vice President and CFO sold 13,000 shares at the rate of 13.16, making the entire transaction reach 171,080 in total value, affecting insider ownership by 44,501. Preceding that transaction, on Mar 05 ’24, Company’s SVP, General Counsel and Sec sold 5,000 for 11.99, making the whole transaction’s value amount to 59,951. This particular insider is now the holder of 80,306 in total.
Diamond Offshore Drilling, Inc. (DO) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$1.41 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.12) by -$1.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
Diamond Offshore Drilling, Inc.’s EPS increase for this current 12-month fiscal period is 196.93% and is forecasted to reach 2.00 in the upcoming year.
Diamond Offshore Drilling, Inc. (NYSE: DO) Trading Performance Indicators
Let’s observe the current performance indicators for Diamond Offshore Drilling, Inc. (DO). It’s Quick Ratio in the last reported quarter now stands at 1.45. The Stock has managed to achieve an average true range (ATR) of 0.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.40.
In the same vein, DO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.48, a figure that is expected to reach -0.00 in the next quarter, and analysts are predicting that it will be 2.00 at the market close of one year from today.
Technical Analysis of Diamond Offshore Drilling, Inc. (DO)
Through scrutinizing the latest numbers posted by the [Diamond Offshore Drilling, Inc., DO], it can be observed that its last 5-days Average volume of 1.33 million was lower the volume of 1.43 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 68.32% While, its Average True Range was 0.50.
Raw Stochastic average of Diamond Offshore Drilling, Inc. (DO) in the period of the previous 100 days is set at 90.53%, which indicates a major rise in contrast to 81.63% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.77% that was lower than 41.51% volatility it exhibited in the past 100-days period.
