News stories about North Atlantic Drilling (NYSE:NADL) have been trending somewhat negative this week, according to Alpha One. The research group, a unit of Accern, identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. North Atlantic Drilling earned a news sentiment score of -0.08 on Alpha One’s scale. Alpha One also gave media stories about the oil and gas company an impact score of 45 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, Zacks Investment Research downgraded North Atlantic Drilling from a “hold” rating to a “sell” rating in a research report on Friday, March 10th.
North Atlantic Drilling (NYSE NADL) traded down 4.11% during mid-day trading on Friday, reaching $2.10. 104,371 shares of the company’s stock traded hands. North Atlantic Drilling has a 52-week low of $0.65 and a 52-week high of $8.08. The company’s market capitalization is $50.64 million. The company has a 50-day moving average of $2.41 and a 200-day moving average of $2.43.
North Atlantic Drilling (NYSE:NADL) last released its quarterly earnings data on Wednesday, May 24th. The oil and gas company reported ($2.34) earnings per share for the quarter, topping the consensus estimate of ($2.50) by $0.16. North Atlantic Drilling had a negative net margin of 25.59% and a negative return on equity of 30.91%. The business had revenue of $72.60 million for the quarter. Equities research analysts expect that North Atlantic Drilling will post ($10.25) EPS for the current year.
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