Seadrill (OTCMKTS:SDRLF) Shares Up 6.9% – Here’s What Happened

by · The Cerbat Gem

Shares of Seadrill Limited (OTCMKTS:SDRLF – Get Free Report) were up 6.9% during trading on Wednesday . The stock traded as high as $0.14 and last traded at $0.14. Approximately 541,600 shares changed hands during mid-day trading, an increase of 145% from the average daily volume of 221,100 shares. The stock had previously closed at $0.13.

Seadrill Stock Performance

The stock’s 50 day simple moving average is $0.14 and its two-hundred day simple moving average is $0.14.

Seadrill Company Profile

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Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. The company owns and operates drillships, semi-submersible rigs, and jack-up rigs for operations to ultra-deepwater in benign and harsh environments.

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