Shares of Pacific Drilling S.A. (OTCMKTS:PACDQ – Get Free Report) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $0.04 and traded as high as $0.0505. Pacific Drilling shares last traded at $0.0390, with a volume of 1,917,900 shares trading hands.
Pacific Drilling Stock Performance
The firm has a 50 day moving average of $0.04 and a two-hundred day moving average of $0.04.
Pacific Drilling Company Profile
Pacific Drilling SA was an offshore drilling contractor focused on providing ultra-deepwater drilling services to oil and natural gas exploration and production companies. The company operated a fleet of advanced drillships designed to work in challenging offshore environments and supported customers with well construction, drilling operations and related offshore services.
Founded in 2008, Pacific Drilling developed a business centered on sixth-generation ultra-deepwater drillships, including vessels equipped for operations in significant water depths and harsh conditions.
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