Vantage Drilling (OTCMKTS:VTGDF) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Vantage Drilling (OTCMKTS:VTGDF)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $0.00. Vantage Drilling shares last traded at $0.00, with a volume of 200 shares changing hands.

Vantage Drilling Price Performance

The company has a current ratio of 1.82, a quick ratio of 1.33 and a debt-to-equity ratio of 0.87.

Vantage Drilling (OTCMKTS:VTGDF) last posted its quarterly earnings results on Thursday, November 7th. The offshore driller reported ($0.80) EPS for the quarter. Vantage Drilling had a negative net margin of 15.68% and a negative return on equity of 17.98%. The firm had revenue of $48.95 million during the quarter.

About Vantage Drilling

Vantage Drilling Company is in liquidation. Previously, the company was engaged in the provision of offshore contract drilling services for multinational oil and natural gas companies, government owned oil and natural gas companies, and independent oil and natural gas producers in the United States and internationally.