Featured Stock Update: Rowan Companies plc (NYSE:RDC)


Rowan Companies plc (NYSE:RDC) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Hold” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Rowan Companies plc (NYSE:RDC) lost -5.71 Percent and closed its previous trading session at $14.2. The stock traded with the average Volume of 3.58 Million at the end of last session.

Rowan Companies plc (NYSE:RDC) has the Market Capitalization of 1.79 Billion. The Stock has its 52-week High of $21.68 and 52-Week Low of $ 9.02 and it touched its 52-week high on 12/12/16 and 52-Week Low on 08/21/17.

The company reported its last earnings Actual EPS of $-0.16/share. While, the analyst predicted that the company could provide an EPS of $-0.41/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.25/share which shows an Earnings Surprise of 61 Percent.

Several analysts are forecasting growth estimate of Rowan Companies plc for the current quarter to be -500%. Their projections for the Next Quarter growth is -637.5 percent. While for the Next 5 years, the company could expect a growth of -4.4% per annum, whereas in the past Five years Rowan Companies plc (NYSE:RDC) showed a growth of -9.86 Percent per annum.

Sell side analysts plays vital role in buying and selling a stock where 2 analysts rated Rowan Companies plc (NYSE:RDC) as Buy, 0 analysts given Outperform signal, 4 reported Hold, and 1 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -1.31% where SMA50 and SMA200 are 3.01% and 9.56% respectively.

The company shows its Return on Assets (ROA) value of -0.7%. The Return on Equity (ROE) value stands at -1.2%. While it’s Return on Investment (ROI) value is 6.2%.

Rowan Companies plc (NYSE:RDC) currently has a Weekly Volatility of 4.94% percent while its Monthly Volatility is at 3.98% percent. While talking about Performance of the Stock, Rowan Companies plc currently has a Weekly performance of 1.36%, monthly performance percentage is -4.57 percent, Quarterly performance is 41.72 percent, 6 months performance shows a percent value of 23.69% and Yearly Performance is -23.66 percent.

Company Profile:

Rowan Companies plc provides international and domestic offshore contract drilling services. The Company’s primary focus is on high-specification and premium jack-up rigs, used for exploratory and development drilling. It conducts offshore drilling operations particularly in the North Sea, Middle East, Southeast Asia and U.S. Gulf of Mexico. Rowan Companies plc, formerly known as Rowan Companies, Inc., is headquartered in Houston, Texas.