Pacific Drilling (OTCMKTS:PACDQ) Shares Cross Above 200-Day Moving Average – Should You Sell?

Pacific Drilling S.A. (OTCMKTS:PACDQGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.04 and traded as high as $0.05. Pacific Drilling shares last traded at $0.04, with a volume of 1,917,900 shares trading hands.

Pacific Drilling Stock Down 15.2 %

The company’s 50 day simple moving average is $0.04 and its 200 day simple moving average is $0.04.

About Pacific Drilling

(Get Free Report)

Pacific Drilling SA, together with its subsidiaries, operates as an offshore drilling contractor in the United States, Nigeria, and internationally. It provides offshore drilling services to the oil and natural gas industry. The company contracts its fleet of rigs to drill wells for its customers. It has a fleet of seven drillships.

Featured Articles

Receive News & Ratings for Pacific Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific Drilling and related companies with MarketBeat.com's FREE daily email newsletter.