Seadrill (OTCMKTS:SDRLF) Trading Up 6.9% – Here’s Why

Seadrill Limited (OTCMKTS:SDRLFGet Free Report)’s stock price shot up 6.9% during trading on Friday . The company traded as high as $0.14 and last traded at $0.14. 541,600 shares changed hands during trading, an increase of 145% from the average session volume of 221,100 shares. The stock had previously closed at $0.13.

Seadrill Trading Up 6.9 %

The company’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.14.

About Seadrill

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Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. The company owns and operates drillships, semi-submersible rigs, and jack-up rigs for operations to ultra-deepwater in benign and harsh environments.

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