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Parker Drilling Company (PKD) had a rough trading day for Friday July 13 as shares tumbled 15.57%, or a loss of $-0.066 per share, to close at $0.36. After opening the day at $0.39, shares of Parker Drilling Company traded as high as $0.39 and as low as $0.35. Volume was 3.26 million shares over 5,332 trades, against an average daily volume of 1.41 million shares and a total float of 139.39 million.
As a result of the decline, Parker Drilling Company now has a market cap of $49.9 million. In the last year, shares of Parker Drilling Company have traded between a range of $1.44 and $0.31, and its 50-day SMA is currently $0.46 and 200-day SMA is $0.84.
For a complete fundamental analysis of Parker Drilling Company, check out Equities.com’s Stock Valuation Analysis report for PKD.
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Parker Drilling Co provides contract drilling and drilling-related services and rental tools. Its services include drilling services, rental services, rig fleet & locations and among others.
Parker Drilling Company is based out of Houston, TX and has some 2,266 employees. Its CEO is Gary G. Rich.
Parker Drilling Company is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
To get more information on Parker Drilling Company and to follow the company’s latest updates, you can visit the company’s profile page here: PKD’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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