In a filing, Diamond Offshore Drilling, Inc. revealed its President and CEO Wolford Bernie G. unloaded Company’s shares for reported $0.39 million on Jun 03 ’24. In the deal valued at $15.11 per share,26,000 shares were sold. As a result of this transaction, Wolford Bernie G. now holds 746,496 shares worth roughly $11.2 million.
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Then, Savarino Dominic A sold 11,369 shares, generating $171,786 in total proceeds. Upon selling the shares at $15.11, the Senior Vice President and CFO now owns 40,852 shares.
Before that, ROLAND DAVID L sold 8,000 shares. Diamond Offshore Drilling, Inc. shares valued at $120,880 were divested by the SVP, General Counsel and Sec at a price of $15.11 per share. As a result of the transaction, ROLAND DAVID L now holds 78,796 shares, worth roughly $1.18 million.
CapitalOne initiated its Diamond Offshore Drilling, Inc. [DO] rating to an Overweight in a research note published on November 28, 2023; the price target was $20. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating.
Price Performance Review of DO
On Friday, Diamond Offshore Drilling, Inc. [NYSE:DO] saw its stock fall -2.02% to $15.01. Over the last five days, the stock has gained 7.75%. Diamond Offshore Drilling, Inc. shares have risen nearly 15.46% since the year began. Nevertheless, the stocks have risen 22.83% over the past one year. While a 52-week high of $17.32 was reached on 06/12/24, a 52-week low of $11.02 was recorded on 02/28/24. SMA at 50 days reached $14.08, while 200 days put it at $13.31. A total of 4.26 million shares were traded, compared to the trading of 4.06 million shares in the previous session.
Levels Of Support And Resistance For DO Stock
The 24-hour chart illustrates a support level at 14.88, which if violated will result in even more drops to 14.75. On the upside, there is a resistance level at 15.21. A further resistance level may holdings at 15.41. The Relative Strength Index (RSI) on the 14-day chart is 55.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.42%. Stochastics %K at 83.33% indicates the stock is a selling.
