Seadrill (NYSE:SDRL) gapped down before the market opened on Thursday . The stock had previously closed at $0.39, but opened at $0.37. Seadrill shares last traded at $0.36, with a volume of 30622412 shares traded.
Separately, ValuEngine raised shares of Seadrill from a “strong sell” rating to a “sell” rating in a report on Monday, April 2nd.
The firm has a market capitalization of $180.34, a price-to-earnings ratio of 0.22 and a beta of 2.90.
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Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through three segments: Floaters, Jack-up Rigs, and Other. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells.
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