Dril-Quip (DRQ) : During the past 4 weeks, traders have been relatively bearish on Dril-Quip (DRQ), hence the stock is down -10.49% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.2% relative to the S&P 500. The 4-week change in the price of the stock is -12.31% and the stock has fallen -5.7% in the past 1 week.
The stock has recorded a 20-day Moving Average of 8.86% and the 50-Day Moving Average is 9.72%.The 200 Day SMA reached 11.97% Dril-Quip, Inc. has dropped 16.15% during the last 3-month period . Year-to-Date the stock performance stands at -13.98%.
Dril-Quip (DRQ) : Currently there are 10 street experts covering Dril-Quip (DRQ) stock. The most bullish and bearish price target for the stock is $75 and $45 respectively for the short term. The average price target of all the analysts comes to $61.2. The estimated standard deviation from the target is $10.33.
Company shares have received an average consensus rating of Hold for the current week Dril-Quip (NYSE:DRQ): stock was range-bound between the intraday low of $50.13 and the intraday high of $51.86 after having opened at $51.67 on Fridays session. The stock finally closed in the red at $51.67, a loss of -2.67%. The stock remained in the red for the whole trading day. The total traded volume was 1,062,243 shares. The stock failed to cross $51.86 in Fridays trading. The stocks closing price on Thursday was $50.95.
Dril-Quip, Inc. designs, manufactures, sells and services engineered offshore drilling and production equipment. The Companys equipment is suited for use in deepwater, harsh environments and service applications. The Companys operates in Western Hemisphere, including North and South America; Eastern Hemisphere, including Europe and Africa and Asia-Pacific, including the Pacific Rim, Southeast Asia, Australia, India and the Middle East. It products include subsea equipment, surface equipment and offshore rig equipment. Its products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs, and for drilling and production of oil and gas wells on offshore platforms, TLPs, Spars and moored vessels, such as FPSOs. Its services include technical advisory assistance services, reconditioning of its customer-owned products, and rental of running tools for installation and retrieval of its products.