Somewhat Positive News Coverage Somewhat Likely to Affect North Atlantic Drilling (NADL) Share Price

Press coverage about North Atlantic Drilling (NYSE:NADL) has been trending somewhat positive this week, according to Alpha One Sentiment. The research firm, a division of Accern, identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. North Atlantic Drilling earned a media sentiment score of 0.04 on Alpha One’s scale. Alpha One also assigned news articles about the oil and gas company an impact score of 58 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the company’s share price in the near future.

Insider Buying and Selling by Quarter for North Atlantic Drilling (NYSE:NADL)

Separately, Zacks Investment Research downgraded shares of North Atlantic Drilling from a “hold” rating to a “sell” rating in a research report on Friday, March 10th.

Shares of North Atlantic Drilling (NYSE NADL) traded down 4.11% during mid-day trading on Friday, hitting $2.10. 104,371 shares of the stock traded hands. North Atlantic Drilling has a 12 month low of $0.65 and a 12 month high of $8.08. The firm has a 50 day moving average of $2.41 and a 200 day moving average of $2.43. The stock’s market cap is $50.64 million.

North Atlantic Drilling (NYSE:NADL) last posted its earnings results on Wednesday, May 24th. The oil and gas company reported ($2.34) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.50) by $0.16. North Atlantic Drilling had a negative net margin of 25.59% and a negative return on equity of 30.91%. The firm had revenue of $72.60 million during the quarter. On average, equities analysts expect that North Atlantic Drilling will post ($10.25) EPS for the current fiscal year.

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