Pacific Drilling (OTCMKTS:PACDQ) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Pacific Drilling S.A. (OTCMKTS:PACDQGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.04 and traded as high as $0.05. Pacific Drilling shares last traded at $0.04, with a volume of 1,917,900 shares traded.

Pacific Drilling Stock Performance

The firm’s 50-day simple moving average is $0.04 and its 200-day simple moving average is $0.04.

Pacific Drilling Company Profile

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Pacific Drilling SA, together with its subsidiaries, operates as an offshore drilling contractor in the United States, Nigeria, and internationally. It provides offshore drilling services to the oil and natural gas industry. The company contracts its fleet of rigs to drill wells for its customers. It has a fleet of seven drillships.

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