Shares of China Oilfield Services Limited (OTCMKTS:CHOLF – Get Free Report) were up 10.5% during mid-day trading on Monday. The company traded as high as $0.9684 and last traded at $0.9684. 100 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 882 shares. The stock had previously closed at $0.8767.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group initiated coverage on shares of China Oilfield Services in a report on Wednesday, September 23rd. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, China Oilfield Services has a consensus rating of “Buy”.
View Our Latest Stock Analysis on CHOLF
China Oilfield Services Stock Performance
China Oilfield Services Company Profile
China Oilfield Services Limited (OTCMKTS:CHOLF), commonly known as COSL, is an oilfield services company headquartered in China. It provides technical and operational support to oil and gas companies throughout the exploration, development and production phases of offshore and onshore projects. COSL is a subsidiary of China National Offshore Oil Corporation (CNOOC).
The company’s principal activities include drilling services, well services, marine support, geophysical exploration and engineering technology.
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