Shelf Drilling, Ltd. (OTCMKTS:SHLLF – Get Free Report) was down 1.1% on Monday . The stock traded as low as $1.82 and last traded at $1.82. Approximately 4,000 shares changed hands during trading, an increase of 16% from the average daily volume of 3,439 shares. The stock had previously closed at $1.84.
Shelf Drilling Stock Performance
The firm’s 50-day simple moving average is $2.53 and its two-hundred day simple moving average is $2.81.
About Shelf Drilling
Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of the company's owned fleet and related equipment.
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