Veronica H. Foley Acquires 5,000 Shares of Precision Drilling Co. (PD) Stock

Precision Drilling Co. (TSE:PD) (NYSE:PDS) insider Veronica H. Foley acquired 5,000 shares of Precision Drilling stock in a transaction on Wednesday, March 15th. The shares were purchased at an average price of C$4.43 per share, with a total value of C$22,150.00.

Shares of Precision Drilling Co. (TSE:PD) traded down 1.221% during mid-day trading on Monday, hitting $6.065. 159,960 shares of the stock were exchanged. The firm’s market cap is $1.78 billion. The stock has a 50-day moving average price of $6.86 and a 200 day moving average price of $6.54. Precision Drilling Co. has a 52-week low of $4.66 and a 52-week high of $8.21.

Your IP Address:

PD has been the subject of a number of analyst reports. CIBC reduced their price objective on shares of Precision Drilling from C$10.50 to C$9.00 in a research note on Wednesday, January 25th. TD Securities reiterated a “buy” rating and issued a C$9.50 price target on shares of Precision Drilling in a research note on Wednesday, December 14th. Royal Bank of Canada lifted their price target on shares of Precision Drilling from C$8.00 to C$9.00 in a research note on Friday, December 16th. Scotiabank reiterated a “sector perform” rating and issued a C$7.00 price target on shares of Precision Drilling in a research note on Tuesday, December 6th. Finally, Citigroup Inc reduced their price target on shares of Precision Drilling from C$8.25 to C$7.00 in a research note on Thursday, March 9th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of C$8.91.

Precision Drilling Company Profile

Precision Drilling Corporation (Precision) provides contract drilling, and completion and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. It operates through two segments: Contract Drilling Services, and Completion and Production Services.

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/veronica-h-foley-acquires-5000-shares-of-precision-drilling-co-pd-stock/1708909.html

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

 

Leave a Reply

Your email address will not be published. Required fields are marked *