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See what the IHS Markit Score report has to say about Diamond Offshore Drilling Inc.

IHS Markit

Diamond Offshore Drilling Inc

NYSE:DO

Score: Negative (7)

188 days at current score.

Downgraded from Neutral on February 15th 2017

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Summary


  • This company ranked negatively compared to the Energy sector with 2 negative IHS Markit Categories
  • Perception of the company's creditworthiness is negative and weakening
  • Bearish sentiment is high and has been increasing
  • Economic output in this company's sector is contracting


Bearish sentiment

Short interest | Negative

Short interest is high for DO with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting DO. Sentiment has worsened and traders added to their bearish short positions on August 17.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. ETFs that hold DO had net inflows of $1.55 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing.

Economic sentiment

PMI by IHS Markit

There is no PMI sector data available for this security.

Credit worthiness

Credit default swap | Negative

The current level displays a negative indicator with a weakening bias over the past 1-month. DO credit default swap spreads are rising towards their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.

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