Vantage Drilling (OTCMKTS:VTGDF) Stock Crosses Above 200 Day Moving Average – Here’s Why

Vantage Drilling Co. (OTCMKTS:VTGDFGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . 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 246,316 shares trading hands.

Vantage Drilling Price Performance

The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.31 and a current ratio of 1.88.

Vantage Drilling (OTCMKTS:VTGDFGet Free Report) last released its quarterly earnings results on Thursday, August 28th. The offshore driller reported ($1.20) earnings per share (EPS) for the quarter. The business had revenue of $34.40 million for the quarter. Vantage Drilling had a net margin of 5.56% and a negative return on equity of 23.51%.

About Vantage Drilling

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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.

Further Reading

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