Atwood Oceanics, Inc.s in-depth stock price analysis indicates that the stock price has rallied 36.63% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 33.46% . Looking at the past 52 week period, the stock price is up at 94.14% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Atwood Oceanics, Inc. has a positive value of 43.18 compared to overall market. Atwood Oceanics, Inc. (NYSE:ATW) has tumbled 13.6% during the past week and has dropped 21.08% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 14.29%. Atwood Oceanics, Inc. (NYSE:ATW) has underperformed the index by 22.5% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Atwood Oceanics, Inc. (NYSE:ATW) : On Friday heightened volatility was witnessed in Atwood Oceanics, Inc. (NYSE:ATW) which led to swings in the share price. The stock opened for trading at $10.79 and hit $11.03 on the upside , eventually ending the session at $10.93, with a gain of 3.11% or 0.33 points. The heightened volatility saw the trading volume jump to 4,206,794 shares. The 52-week high of the share price is $15.37 and the company has a market cap of $880 million. The 52-week low of the share price is at $5.065 .
Atwood Oceanics Last issued its quarterly earnings results on Feb 3, 2017. The company reported $0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $0.19. The company had revenue of $157.56 million for the quarter, compared to analysts expectations of $156.61 million. The companys revenue was down -48.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.60 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Atwood Oceanics was Upgraded by Citigroup to Neutral on Jan 11, 2017. Company shares were Downgraded by RBC Capital Mkts on Dec 16, 2016 to Underperform, Raises Price Target to $ 15 from a previous price target of $10 .Atwood Oceanics was Downgraded by Citigroup to Sell on Nov 17, 2016. Atwood Oceanics was Downgraded by Iberia to Sector Perform on Nov 16, 2016.
Company has reported several Insider transactions to the SEC, on Feb 5, 2016, Robert J. Saltiel (CEO) purchased 10,000 shares at 7.31 per share price.On Jan 12, 2015, Barry Michael Smith (Sr. VP – Technical Services) sold 818 shares at 26.53 per share price.On Jan 12, 2015, Mark W. Smith (VP, CAO & Controller) sold 568 shares at 26.53 per share price.
Atwood Oceanics, Inc., its international operating subsidiary, Atwood Oceanics Pacific Limited and related subsidiaries are engaged in the business of international offshore drilling and completion of exploratory and developmental oil and gas wells as well as related support, management, and consulting services. Enhancing shareholder value through safe, quality operations is at the core of all of the Atwood Groups activities.