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.
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.
TRADEMARK VIOLATION NOTICE: This story was first posted by WKRB News and is the property of of WKRB News. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international trademark and copyright law. The legal version of this story can be accessed at https://www.wkrb13.com/markets/2229276/somewhat-positive-news-coverage-somewhat-likely-to-affect-north-atlantic-drilling-nadl-share-price.html.
This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2229276/somewhat-positive-news-coverage-somewhat-likely-to-affect-north-atlantic-drilling-nadl-share-price.html
Receive News & Ratings for North Atlantic Drilling Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for North Atlantic Drilling Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.