Pacific Drilling (OTCMKTS:PACDQ) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Pacific Drilling S.A. (OTCMKTS:PACDQGet Free Report)’s stock price passed 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 $0.05. Pacific Drilling shares last traded at $0.04, with a volume of 1,917,900 shares changing hands.

Pacific Drilling Stock Down 15.2 %

The business has a 50 day simple moving average of $0.04 and a 200-day simple moving average of $0.04.

Pacific Drilling Company Profile

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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.

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