Precision Drilling Corporation (PDS) Jumps: Stock Rises 5.9%

Zacks

Precision Drilling Corporation (PDS) was a big mover last session, as the company saw its shares rise by roughly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 16% in the past one-month time frame.

This investment brokerage company has seen one positive estimate revision and two negative estimate revisions over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Precision Drilling Corporation. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Precision Drilling Corporation currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked stocks in the same industry  include Helmerich & Payne, Inc. (HP), Pioneer Energy Services Corp. (PES) and Seadrill Partners LLC (SDLP). While Helmerich & Payne and Pioneer Energy Services hold a Zacks Rank #1 (Strong Buy), Seadrill Partners carries a Zacks Rank #2 (Buy).

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PRECISION DRILLING CORP (PDS): Free Stock Analysis Report

HELMERICH & PAYNE INC (HP): Free Stock Analysis Report

PIONEER ENERGY SERVICES CORP (PES): Free Stock Analysis Report

SEADRILL PARTNERS LLC (SDLP): Free Stock Analysis Report


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