One of the S&P 500’s big winners for Wednesday February 17 was Rowan Companies Plc (RDC) as the company’s stock climbed 4.56% to $12.15 on volume of 2.18 million shares.
The stock opened at $11.81 and saw an intraday low of $11.81 and an intraday high of $12.51. All told, the day saw a per-share gain of $0.53. The stock’s average daily volume of 3.6 million and 124.81 million shares outstanding. Rowan Companies Plc now has a 50-day SMA is $14.83 and 200-day SMA is $18.12, and it has a 52-week high of $25.13 and a 52-week low of $10.67.
Rowan Companies PLC provides offshore oil and gas contract drilling services utilizing a fleet of 30 self-elevating mobile offshore "jack-up" drilling units and four ultra-deepwater drillships.
Based out of Houston, TX, Rowan Companies Plc has 4,051 employees and, after today’s trading, reached a market cap of $1.52 billion. Its P/S ratio is 0.91, P/B ratio is 0.33, and P/FCF ratio is -2.6.
For a complete fundamental analysis analysis of Rowan Companies Plc, check out Equities.com’s Stock Valuation Analysis report for RDC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.
While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.