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

Shares of Pacific Drilling S.A. (OTCMKTS:PACDQGet Free Report) crossed 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 traded.

Pacific Drilling Stock Performance

The stock’s 50 day moving average is $0.04 and its two-hundred day moving average is $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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