Diamond Offshore Drilling (OTCMKTS:DOFSQ) Trading Down 2.3% – Time to Sell?

Diamond Offshore Drilling, Inc. (OTCMKTS:DOFSQGet Free Report) shares fell 2.3% during mid-day trading on Monday . The company traded as low as $0.12 and last traded at $0.13. 286,900 shares traded hands during trading, a decline of 51% from the average session volume of 588,227 shares. The stock had previously closed at $0.13.

Diamond Offshore Drilling Trading Down 2.3 %

The company has a debt-to-equity ratio of 0.54, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a fifty day moving average price of $0.13.

About Diamond Offshore Drilling

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Diamond Offshore Drilling, Inc provides contract drilling services to the energy industry worldwide. The company operates a fleet of 13 offshore drilling rigs, including four drillships and nine semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas.

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