Diamond Offshore Drilling (OTCMKTS:DOFSQ) Trading Down 2.3% – What’s Next?

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

Diamond Offshore Drilling Stock Down 2.3 %

The company has a 50 day moving average of $0.13. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.54.

Diamond Offshore Drilling Company Profile

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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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