Diamond Offshore Drilling, Inc. (NYSE:DO) added 14.96% and closed its last session at $18.06. The stock has the market capitalization of $2.48 Billion with the total outstanding shares of 137.17 Million. Diamond Offshore Drilling, Inc.. has Analysts’ Mean Recommendation of 3.18 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 22.57.

Diamond Offshore Drilling, Inc. (NYSE:DO) touched its 52-Week High of $26.72 on Jun 8, 2016 while it’s 52-Week Low of $14.18 on Jan 20, 2016. The company currently has Return on Assets of -10.9 percent, Return on Equity of -18.9% and Return on Investment of -2.9 percent. The stock currently showing Weekly Volatility of 4.97%% and Monthly Volatility of 4.77% Percent with Average True Range of 0.89 and Beta of 1.24.

The 31 analysts offering 12-month price forecasts for Diamond Offshore Drilling Inc have a median target of 17.00, with a high estimate of 26.00 and a low estimate of 10.00. The median estimate represents a -5.87% decrease from the last price of 18.06.

Press Release:

Loews Corporation (NYSE:L) declared on 9 November the declaration of the Company’s quarterly dividend of $0.0625 per share of Common Stock, payable December 13, 2016 to shareholders of record on November 30, 2016.

Loews Corporation is a diversified company with Diamond Offshore Drilling, Inc. (DO).

Company Profile:

Diamond Offshore Drilling, Inc. engages principally in the contract drilling of offshore oil and gas wells.  They are a leading deepwater drilling contractor and owns and operates one of the largest fleets of offshore drilling units in the world. Diamond Offshore operates in the waters of six of the world’s seven continents, supplying comprehensive drilling services to the global energy industry.