Diamond Offshore Drilling, Inc. (NYSE:DO) recently saw its volume around 1.98 million shares and on average it trades 3.45 million shares a day. The opening price of $11.1, led it to gain 2.08% to reach $11.3 upon the closing bell.Diamond Offshore Drilling, Inc. (DO) Analyst Opinion
Diamond Offshore Drilling, Inc. has a consensus hold rating from 31 Wall Street analysts, and the number of shares currently sold short amount to at least 20.65% of shares outstanding. The stock sank -1.05% last month and is down -36.16 this year. Wall Street is only getting more bearish on the stock, with 3 of analysts who cover DO having a buy-equivalent rating. Analysts have placed a $14.75 price target on Diamond Offshore Drilling, Inc., suggesting a 30.53% gain from recent close. It’s currently trading about -57.34% below its 52-week high.Diamond Offshore Drilling, Inc. Earnings Surprise
Diamond Offshore Drilling, Inc. (DO) surprised the stock market in its last reported earnings when it earned $0.17 a piece versus the consensus-estimated $0.12. Its revenue totaled $363.49 million down -7.24% from the previous quarter.
This stock (DO) is ahead of its 52-week low with 12.38%. Its last month’s stock price volatility remained 5.46% which for the week stands at 5.58%. The share price has moved forward from its 20 days moving average, trading at a distance of 4.24% and stays -6.47% away from its 50 days moving average. Over the last five days, shares have managed 10.57% gains and now is down -28.39% since hitting its 200-day moving average of $15.55. Diamond Offshore Drilling, Inc. (DO) has made its way to a 12-month decline of -56.22%.
Turning to United Technologies Corporation (NYSE:UTX), its shares were trading at $123.41 a gain of $0.34, on the trading floor. The stock, after opening at $123.44, touched a high of $123.64 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.6. United Technologies Corporation has 4 buy ratings, 13 holds and 0 sells even after the stock tumbled -1.11% from its high of $123.64 to a $99.61 billion market value through last close.United Technologies Corporation (UTX) Consensus Price Target
The company’s consensus rating on Reuter’s scale slipped from 2.55 to 2.52 during a month. Analysts set a 12-month price target of $125.67 a share. The target implies a 1.83% spike from where the shares are currently trading. Also, the current price highlights a discount of 13.44% to analysts’ high consensus price target.United Technologies Corporation (NYSE:UTX) Intraday Trading
The counter witnessed a trading volume of 1.78 million shares versus an average volume of 2.77 million shares during last trading session. Its last month’s stock price volatility remained 0.91% which for the week approaches 0.9%. The lowest price the stock reached in the last trading day was $122.79 and compares with the $97.62 52-week low. The stock recovered 26.42% since its low point and has performed 12.58% year-to-date.