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Seadrill Ltd (SDRL) – Don’t Be So Quick to Call it Dead

Seadrill Ltd (NYSE: SDRL) is -10.74% lower on its value in year-to-date trading and has touched a low of $34.74 and a high of $56.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SDRL stock was last observed hovering at around $35.76 in the last trading session, with the day’s loss setting it -1.01%.

Currently trading at $34.75, the stock is -5.70% and -8.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing -2.82% at the moment leaves the stock -20.41% off its SMA200. SDRL registered -16.39% loss for a year compared to 6-month loss of -21.68%. The firm has a 50-day simple moving average (SMA 50) of $37.9862 and a 200-day simple moving average (SMA200) of $43.73345.

The stock witnessed a -8.12% gain in the last 1 month and extending the period to 3 months gives it a -12.56%, and is -4.74% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.53% over the week and 3.19% over the month.

Seadrill Ltd (SDRL) has around 2500 employees, a market worth around $2.38B and $1.50B in sales. Current P/E ratio is 6.01 and Fwd P/E is 11.55. Profit margin for the company is 27.79%. Distance from 52-week low is 0.03% and -38.45% from its 52-week high. The company has generated returns on investments over the last 12 months (11.86%).

with sales reaching $299.43M over the same period.The EPS is expected to shrink by -23.03% this year, but quarterly earnings will post -7.35% year-over-year. Quarterly sales are estimated to shrink -26.61% in year-over-year returns.

The shares outstanding are 68.83M, and float is at 65.12M with Short Float at 7.85%.

The top institutional shareholder in the company is FNY INVESTMENT ADVISERS, LLC with over 9000.0 shares valued at $0.46 million. The investor’s holdings represent 0.0125 of the SDRL Shares outstanding.

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