Capital Drilling’s (CAPD) Corporate Rating Reaffirmed at FinnCap
Capital Drilling Ltd (LON:CAPD)‘s stock had its “corporate” rating restated by research analysts at FinnCap in a note issued to investors on Thursday. They presently have a GBX 109 ($1.45) price objective on the stock. FinnCap’s price objective would suggest a potential upside of 183.12% from the stock’s previous close.
Capital Drilling (CAPD) traded up 1.32% on Thursday, hitting GBX 38.50. The company’s stock had a trading volume of 161,305 shares. The firm’s market cap is GBX 52.07 million. The firm has a 50 day moving average of GBX 39.62 and a 200 day moving average of GBX 46.84. Capital Drilling has a 12 month low of GBX 37.00 and a 12 month high of GBX 66.00.
Capital Drilling Company Profile
Capital Drilling Limited is a drilling services contractor. The Company is engaged in offering a range of drilling services and solutions to mining and exploration companies, starting from the exploration phase of the mining cycle through to production. The Company operates through two segments: Africa, which provides drilling services, and Rest of world, which provides drilling services and related logistic, equipment rental and Information Technology (IT) support services.
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