Precision Drilling (TSE:PD – Get Free Report) (NYSE:PDS) released its quarterly earnings results on Thursday. The company reported C$2.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$2.73 by C($0.20), reports. The firm had revenue of C$527.79 million for the quarter, compared to the consensus estimate of C$539.50 million. Precision Drilling had a net margin of 14.93% and a return on equity of 20.61%.
Precision Drilling Stock Up 5.1 %
TSE PD opened at C$98.91 on Friday. The stock’s 50 day moving average is C$90.01 and its 200 day moving average is C$82.26. The company has a current ratio of 1.40, a quick ratio of 1.36 and a debt-to-equity ratio of 62.97. Precision Drilling has a 12 month low of C$56.42 and a 12 month high of C$104.90. The stock has a market cap of C$1.43 billion, a PE ratio of 5.06, a P/E/G ratio of -3.24 and a beta of 2.92.
Insider Buying and Selling
In related news, Senior Officer Veronica H. Foley sold 1,763 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of C$62.23, for a total value of C$109,711.49. In related news, Senior Officer Veronica H. Foley sold 1,763 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of C$62.23, for a total value of C$109,711.49. Also, Director Carey Thomas Ford sold 7,976 shares of Precision Drilling stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of C$62.23, for a total value of C$496,346.48. In the last three months, insiders have sold 21,373 shares of company stock valued at $1,329,227. Corporate insiders own 1.32% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Analysis on Precision Drilling
About Precision Drilling
Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.
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