Precision Drilling Co. (TSE:PD - Get Free Report) NYSE: PDS's stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$59.68 and traded as high as C$64.07. Precision Drilling shares last traded at C$63.26, with a volume of 63,789 shares.
Analyst Ratings Changes
A number of research analysts have commented on the stock. Raymond James cut shares of Precision Drilling from a "strong-buy" rating to an "outperform" rating and decreased their target price for the company from C$141.00 to C$124.00 in a research report on Wednesday, April 9th. TD Securities decreased their price objective on shares of Precision Drilling from C$89.00 to C$69.00 and set a "hold" rating on the stock in a report on Wednesday, April 16th. BMO Capital Markets lowered their price objective on shares of Precision Drilling from C$100.00 to C$90.00 in a research report on Thursday, April 17th. CIBC cut their target price on Precision Drilling from C$115.00 to C$95.00 in a research report on Thursday, April 10th. Finally, Royal Bank of Canada lowered their price target on Precision Drilling from C$110.00 to C$89.00 and set an "outperform" rating for the company in a research report on Thursday, April 17th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$98.33.
View Our Latest Analysis on Precision Drilling
Precision Drilling Trading Up 3.5%
The company has a current ratio of 1.54, a quick ratio of 1.36 and a debt-to-equity ratio of 51.98. The company has a market cap of C$931.93 million, a PE ratio of 3.85, a P/E/G ratio of -3.24 and a beta of 2.76. The company has a fifty day simple moving average of C$59.63 and a two-hundred day simple moving average of C$73.60.
Precision Drilling Company Profile
(
Get Free Report)
Precision Drilling Corp is a leader in North American oil and gas services. It is a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies in Canada. Its segments are Contract Drilling Services which is the majority key revenue generator and other segments include Completion and Production Services.
Featured Articles
Before you consider Precision Drilling, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Precision Drilling wasn't on the list.
While Precision Drilling currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
