Today’s Market Runner: North Atlantic Drilling Ltd. Increases Again; Strong Momentum for Buyers

Today's Market Runner: North Atlantic Drilling Ltd. Increases Again; Strong Momentum for Buyers

The stock of North Atlantic Drilling Ltd. (NYSE:NADL) is a huge mover today! About 246,360 shares traded hands or 107.97% up from the average. North Atlantic Drilling Ltd. (NYSE:NADL) has declined 25.99% since April 27, 2016 and is downtrending. It has underperformed by 31.22% the S&P500.
The move comes after 6 months positive chart setup for the $67.28 million company. It was reported on Nov, 30 by Barchart.com. We have $3.25 PT which if reached, will make NYSE:NADL worth $4.04M more.

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: Low Float Play” on November 22, 2016, also Marketwatch.com with their article: “North Atlantic Drilling Ltd.” published on January 30, 2014, Globenewswire.com published: “NADL – North Atlantic Drilling Ltd. third quarter 2016 results” on November 22, 2016. More interesting news about North Atlantic Drilling Ltd. (NYSE:NADL) were released by: Seekingalpha.com and their article: “North Atlantic Drilling’s (NADL) CEO Alf Ragnar Lovdal on Q3 2016 Results …” published on November 22, 2016 as well as Seekingalpha.com‘s news article titled: “North Atlantic Drilling – All You Need To Know About The Q3 2016 Results” with publication date: November 24, 2016.

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