Stock Highlights
Vantage Drilling Company (AMEX: VTG) Rises More than 29% in the Last One Month
(January 6, 2011)Shares of Vantage Drilling Company, a Houston, Texas-based company, climbed in trading on Thursday, ending the day 8.46% higher at $2.18.
In the last one month, the Vantage Drilling Company stock has gained 29.76%. In the last three months, the stock is up 37.11%. The stock has climbed 52.45% in the last six months.
Earlier this week, Vantage Drilling Company announced that its customer for the two SeaDragon semisubmersible units has entered into an agreement to sell the units to Seadrill. Paul A. Bragg, Chairman and CEO of Vantage said that the company is disappointed that the owner has chosen to sell the rigs to another party.
Late last month, Vantage announced that the ultra-deepwater drillship, Platinum Explorer, began operations for Oil & Natural Gas Corporation Limited (ONGC), an India-based company. Bragg said that the company greatly appreciates the support of ONGC in preparation for and acceptance of Platinum Explorer.
For the third quarter of 2010, Vantage Drilling Company reported a net loss of $5.8 million, or $0.02 per share, excluding one-time items. Including the one-time items, the company reported a net loss of $33.6 million, or $0.12 per share for the third quarter of 2010. For the same period in 2009, the company had reported a net income of $6.8 million, or $0.05 per share.
About Vantage Drilling Company: Vantage Drilling Company is an offshore drilling contractor, with four Baker Marine Pacific Class 375 ultra-premium jackup drilling rigs.
- The Vantage Drilling Company stock has a 52-week range of $0.99-$2.26.
- The stock trades on a daily average volume of 2.71 million.
- The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish signal.
- The stock has a support level at $2.03 and a resistance level at $2.29.
- The stock’s MACD is above the zero-line, which is a bullish signal.
Summary
Vantage Drilling Company shares have picked up momentum. The stock’s technical indicators are pointing to a further upward momentum.
Stock Highlights
Zalicus Inc. (NASDAQ: ZLCS) Stock Gained More Than 58% in the Last 30 Days
(January 6, 2011)Shares of Vantage Drilling Company, a Houston, Texas-based company, climbed in trading on Thursday, ending the day 8.46% higher at $2.18.
In the last one month, the Vantage Drilling Company stock has gained 29.76%. In the last three months, the stock is up 37.11%. The stock has climbed 52.45% in the last six months.
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Vantage Drilling Company (AMEX: VTG) Rises More than 29% in the Last One Month
(January 6, 2011)Shares of Vantage Drilling Company, a Houston, Texas-based company, climbed in trading on Thursday, ending the day 8.46% higher at $2.18.
In the last one month, the Vantage Drilling Company stock has gained 29.76%. In the last three months, the stock is up 37.11%. The stock has climbed 52.45% in the last six months.
Read More
USA Technologies Inc. (NASDAQ: USAT) Increases Over 20% in the Last Five Trading Sessions
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In the last five trading sessions, the USA Technologies stock has gained 20.75%. In the last six months, the stock has gained 172.34%.
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