Pacific Drilling SA (NYSE:PACD) was the target of a large growth in short interest in June. As of June 30th, there was short interest totalling 243,200 shares, a growth of 44.8% from the May 30th total of 167,900 shares. Based on an average daily trading volume, of 116,100 shares, the short-interest ratio is presently 2.1 days. Approximately 0.4% of the shares of the stock are sold short.
Shares of Pacific Drilling stock traded down $0.12 on Thursday, hitting $11.48. The company’s stock had a trading volume of 76,500 shares, compared to its average volume of 66,833. Pacific Drilling has a 52-week low of $9.85 and a 52-week high of $9,500.00. The company has a quick ratio of 6.90, a current ratio of 7.53 and a debt-to-equity ratio of 0.68. The business has a fifty day moving average of $12.88.
Pacific Drilling (NYSE:PACD) last released its earnings results on Monday, May 13th. The company reported ($1.12) earnings per share (EPS) for the quarter. The firm had revenue of $65.92 million during the quarter. Pacific Drilling had a negative net margin of 872.58% and a negative return on equity of 125.49%.
Pacific Drilling Company Profile
Pacific Drilling SA, together with its subsidiaries, operates as an offshore drilling contractor. It provides offshore drilling services to the oil and natural gas industry. The company contracts its fleet of rigs to drill wells for its customers. It has a fleet of seven drillships. The company was founded in 2006 and is headquartered in Houston, Texas.
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