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Today's Research Reports on Trending Tickers: Seadrill and Ensco

NEW YORK, NY / ACCESSWIRE / October 9, 2018 / U.S. equities were mixed on Monday with the Dow Jones finishing in the green, but broader market gains were lagged due to worries over sharp increase in interest rate. The Dow Jones Industrial Average climbed 0.15 percent to close at 26,486.78, while the S&P 500 Index decreased 0.04 percent to close at 2,884.43. The Nasdaq Composite Index shed 0.67 percent to close at 7,735.95.

“The technical underpinnings of the equity markets argue on the side of caution. Despite new highs by the S&P 500 and Dow Industrials just a few days ago, the broad market continues to deteriorate,” said chief investment strategist at Baird, Bruce Bittles.

RDI Initiates Coverage on:

Seadrill Limited
https://rdinvesting.com/news/?ticker=SDRL

Ensco plc
https://rdinvesting.com/news/?ticker=ESV

Seadrill's stock jumped 8.19% Monday, to close the day at $26.55. The stock recorded a trading volume of 947,552 shares, which was above its three months average volume of 420,898 shares. In the last year, Seadrill's shares have traded in a range of 15.76 - 198.15. The share price has gained 68.46% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $21.28 is below its 200-day moving average of $55.62. Shares of Seadrill have gained roughly 41.75 percent in the past month and are down 56.89 percent year-to-date.

Access RDI's Seadrill Limited Research Report at:
https://rdinvesting.com/news/?ticker=SDRL

On Monday, shares of Ensco recorded a trading volume of 28,154,597 shares, which was above the three months average volume of 11,025,720 shares. The stock ended the day 3.66% higher at $8.79. The share price has fallen 0.79% from its 52 week high with a 52 week trading range of 4.10 - 8.86. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $7.39 is above its 200-day moving average of $6.61. Shares of Ensco have gained roughly 36.07 percent in the past month and are up 48.73 percent year-to-date.

Access RDI's Ensco plc Research Report at:
https://rdinvesting.com/news/?ticker=ESV

Our Actionable Research on Seadrill Limited (NYSE:SDRL) and Ensco plc (NYSE:ESV) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Nadia Noorani, CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com



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View source version on accesswire.com:
https://www.accesswire.com/513697/Todays-Research-Reports-on-Trending-Tickers-Seadrill-and-Ensco