ENSCO plcs in-depth stock price analysis indicates that the stock price has rallied 26.95% 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 37.69% . Looking at the past 52 week period, the stock price is up at 28.16% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of ENSCO plc has a negative value of -6.27 compared to overall market performance. ENSCO plc (NYSE:ESV) has tumbled 5.62% during the past week and has dropped 4.79% 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 6.39%. ENSCO plc (NYSE:ESV) has underperformed the index by 6.49% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
ENSCO plc (NYSE:ESV) : On Friday heightened volatility was witnessed in ENSCO plc (NYSE:ESV) which led to swings in the share price. The stock opened for trading at $10.42 and hit $10.89 on the upside , eventually ending the session at $10.74, with a gain of 5.92% or 0.6 points. The heightened volatility saw the trading volume jump to 9,465,461 shares. The 52-week high of the share price is $13.04 and the company has a market cap of $3,260 million. The 52-week low of the share price is at $6.495 .
ENSCO PLC Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $0.13. The company had revenue of $548.00 million for the quarter, compared to analysts expectations of $540.40 million. The companys revenue was down -45.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.78 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.ENSCO PLC was Upgraded by Credit Suisse to Outperform on Feb 3, 2017. ENSCO PLC was Upgraded by CapitalOne to Overweight on Jan 17, 2017. ENSCO PLC was Upgraded by Citigroup to Buy on Jan 11, 2017. ENSCO PLC was Upgraded by BofA/Merrill to Buy on Jan 9, 2017. ENSCO PLC was Downgraded by Goldman to Neutral on Dec 16, 2016.
Company has reported several Insider transactions to the SEC, on Dec 28, 2015, Robert W Iii Edwards (Vice President – Finance) sold 1,500 shares at 16.22 per share price.On Nov 4, 2015, James W Iii Swent (Executive Vice President & CFO) sold 59,189 shares at 17.81 per share price.On Jun 1, 2015, John Stokes Knowlton (Sr. Vice President – Technical) purchased 41 shares at 49.26 per share price.
Ensco International plc, formerly ENSCO International Incorporated, is a provider of offshore contract drilling services to the international oil and gas industry. The Company owns and operates drilling rigs including jackup, ultra-deepwater semisubmersible and barge rigs. Its drilling rigs are located throughout the world and concentrated in the major geographic regions of Asia Pacific (which includes Asia, the Middle East, Australia and New Zealand), Europe/Africa and North and South America. The Company provides drilling services on a day rate contract basis. Under day rate contracts, it provides the drilling rig and rig crews, and receives a fixed amount per day for drilling the well. Its customers bear substantially all of the ancillary costs of constructing the well and supporting drilling operations. The Company does not provide turnkey or other risk-based drilling services.