The stock of North Atlantic Drilling Ltd. (NYSE:NADL) is a huge mover today! About 95,193 shares traded hands. North Atlantic Drilling Ltd. (NYSE:NADL) has declined 4.46% since March 9, 2016 and is downtrending. It has underperformed by 11.87% the S&P500.
The move comes after 6 months negative chart setup for the $72.34 million company. It was reported on Oct, 12 by Barchart.com. We have $2.49 PT which if reached, will make NYSE:NADL worth $10.13 million less.
According to Zacks Investment Research, “North Atlantic Drilling Ltd offers harsh environment offshore drilling services to the oil and gas industry primarily in Norway and the United Kingdom. The company provides drillships, semi-submersibles, jack-ups, harsh environment and ultra-deepwater units. North Atlantic Drilling Ltd is based in Hamilton, Bermuda.”
More notable recent North Atlantic Drilling Ltd. (NYSE:NADL) news were published by: Seekingalpha.com which released: “North Atlantic Drilling – Amends Its Agreement With Jurong Shipyard For The …” on October 05, 2016, also Marketwatch.com with their article: “North Atlantic Drilling Ltd.” published on January 30, 2014, Seekingalpha.com published: “North Atlantic Drilling – Statoil Terminates Earlier The Jack-Up West Epsilon …” on September 27, 2016. More interesting news about North Atlantic Drilling Ltd. (NYSE:NADL) were released by: Finance.Yahoo.com and their article: “NADL – North Atlantic Drilling Receives Notice of Early Contract Cancellation …” published on September 27, 2016 as well as Finance.Yahoo.com‘s news article titled: “SDRL – North Atlantic Drilling Ltd. announces amendment to agreement with …” with publication date: June 07, 2016.
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