NORTHERN DRILLING Stock Impressive Jump On Wednesday, Outperforms Market

(VIANEWS) – The Market ended the session with NORTHERN DRILLING (NODL.OL) jumping 17.15% to kr0.53 on Wednesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI fell 2.05% to kr1,247.17, following the last session’s upward trend on what was an all-around bearish trend exchanging session today.

NORTHERN DRILLING’s last close was kr0.45, 98.71% under 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-5.95.

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%.

Moving Average

NORTHERN DRILLING’s value is way below its 50-day moving average of kr1.46 and way below its 200-day moving average of kr15.37.

More news about NORTHERN DRILLING (NODL.OL).

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