Large Outflow of Money Witnessed in Seadrill Limited

Seadrill Limited (SDRL) jumped 0.09 points or 4.81% on strong buying and was last priced at $1.96 per share. The shares saw huge fund flow intraday; a massive $2.89 million made their way in through the upticks but an even bigger $4.14 million made their way out through downticks. As per the last observation, the net money flow stood at $(-1.24) million and the up/down ratio was found to be 0.7. The shares have seen a weekly value change of -31.47% .A block trade was recorded in the company shares with a net money flow of $(-1.3) million. The composite value of the funds in upticks was $0.94 million and the total value of funds in downticks was $2.23. As can be seen from the data, the block transaction had the up/down ratio of 0.42.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

SeaDrill Limited has lost 35.31% in the last five trading days and dropped 42.52% in the last 4 weeks. SeaDrill Limited has dropped 7.98% during the last 3-month period . Year-to-Date the stock performance stands at -42.52%. Seadrill Limited (NYSE:SDRL) rose 4.81% or 0.09 points on Wednesday and made its way into the gainers of the day. After trading began at $2.01 the stock was seen hitting $2.01 as a peak level and $1.93 as the lowest level. The stock ended up at $1.96. The daily volume was measured at 13,127,999 shares. The 52-week high of the share price is $7.49 and the 52-week low is $1.57. The company has a market cap of $989 million.

Seadrill Ltd Last issued its quarterly earnings results on Nov 22, 2016. The company reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.21. The company had revenue of $743.00 million for the quarter, compared to analysts expectations of $716.12 million. The companys revenue was down -24.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.21 EPS.

Seadrill Limited is an international offshore drilling contractor providing drilling and well services. Seadrills versatile fleet includes harsh-environment semi-submersibles, jack-ups, shallow and deep water tender rigs and deepwater drill ships. In addition, the Company provides platform drilling, well intervention and engineering services. Seadrill Limited is based in Hamilton, Bermuda.


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