NORTHERN DRILLING Stock 18.24% Up Today

(VIANEWS) – The Market ended the session with NORTHERN DRILLING (NODL.OL) rising 18.24% to kr2.01 on Thursday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI jumped 0.83% to kr1,291.81, after four sequential sessions in a row of gains, on what was a somewhat positive trend exchanging session today.

NORTHERN DRILLING’s last close was kr1.70, 95.13% below its 52-week high of kr34.90.

About NORTHERN DRILLING

Northern Drilling Ltd. operates as an offshore drilling contractor to the oil and gas industry. The company primarily engages in acquiring and operating offshore drilling assets, as well as involved in drilling in ultra-deep water environments. Northern Drilling Ltd. was incorporated in 2017 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, NORTHERN DRILLING has a trailing twelve months EPS of kr-6.24.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -4.22%.

Volume

Today’s last reported volume for NORTHERN DRILLING is 7492120 which is 963.38% above its average volume of 704555.

Volatility

NORTHERN DRILLING’s last week, last month’s, and last quarter’s current intraday variation average was a negative 12.13%, a negative 4.32%, and a positive 5.67%.

NORTHERN DRILLING’s highest amplitude of average volatility was 12.13% (last week), 8.29% (last month), and 5.67% (last quarter).

Moving Average

NORTHERN DRILLING’s value is way below its 50-day moving average of kr15.84 and way below its 200-day moving average of kr25.75.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NORTHERN DRILLING’s stock is considered to be oversold (<=20).

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