Pacific Drilling (OTCMKTS:PACDQ) Stock Crosses Above 200-Day Moving Average – What’s Next?

Shares of Pacific Drilling S.A. (OTCMKTS:PACDQGet Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.

Pacific Drilling Trading Down 15.2 %

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

About Pacific Drilling

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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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