Shelf Drilling (OTCMKTS:SHLLF) Trading 15.4% Higher – Still a Buy?

Shelf Drilling, Ltd. (OTCMKTS:SHLLFGet Free Report) shares rose 15.4% on Monday . The stock traded as high as $0.75 and last traded at $0.75. 1,000 shares traded hands during trading, a decline of 92% from the average session volume of 13,046 shares. The stock had previously closed at $0.65.

Shelf Drilling Trading Up 15.4 %

The business’s fifty day moving average is $0.76 and its 200-day moving average is $1.09.

Shelf Drilling Company Profile

(Get Free Report)

Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of the company’s owned fleet and related equipment.

Read More

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