stoxline Quote Chart Rank Option Currency Glossary
  
Independence Contract Drilling, Inc. (ICD)
1.422  0.062 (4.56%)    07-26 15:58
Open: 1.35
High: 1.4299
Volume: 31,940
  
Pre. Close: 1.36
Low: 1.35
Market Cap: 22(M)
Technical analysis
2024-07-26 4:44:56 PM
Short term     
Mid term     
Targets 6-month :  1.71 1-year :  2
Resists First :  1.46 Second :  1.71
Pivot price 1.28
Supports First :  1.21 Second :  1.05
MAs MA(5) :  1.39 MA(20) :  1.27
MA(100) :  1.58 MA(250) :  2.16
MACD MACD :  0 Signal :  -0.1
%K %D K(14,3) :  80.7 D(3) :  80.6
RSI RSI(14): 57.9
52-week High :  3.45 Low :  1.05
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and NEUTRAL in mid-long term.
[ ICD ] has closed below upper band by 23.2%. Bollinger Bands are 60.8% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 4 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 1.43 - 1.44 1.44 - 1.45
Low: 1.33 - 1.34 1.34 - 1.35
Close: 1.41 - 1.42 1.42 - 1.44
Company Description

Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The company constructs, owns, and operates a fleet of pad-optimal ShaleDriller rigs in the Permian Basin, the Haynesville Shale, and the Eagle Ford Shale. Its fleet consists of 24 rigs. Independence Contract Drilling, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.

Headline News

Fri, 26 Jul 2024
StockNews.com Initiates Coverage on Independence Contract Drilling (NYSE:ICD) - Defense World

Wed, 24 Jul 2024
FY2024 EPS Estimates for Independence Contract Drilling, Inc. (NYSE:ICD) Cut by Analyst - Defense World

Thu, 20 Jun 2024
Improved Revenues Required Before Independence Contract Drilling, Inc. (NYSE:ICD) Shares Find Their Feet - Simply Wall St

Sat, 11 May 2024
5 Best Oil Stocks to Buy According to Analysts - Insider Monkey

Sat, 11 May 2024
5 Best Oil Stocks to Buy According to Analysts - Insider Monkey

Fri, 03 May 2024
Independence Contract Drilling, Inc. (NYSE:ICD) Q1 2024 Earnings Call Transcript - Yahoo Finance

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Energy
Industry:
Oil & Gas Drilling
Shares Out 15 (M)
Shares Float 9 (M)
Held by Insiders 12.3 (%)
Held by Institutions 34.2 (%)
Shares Short 537 (K)
Shares Short P.Month 548 (K)
Stock Financials
EPS -3.31
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 11.93
Profit Margin -24.3 %
Operating Margin -0.8 %
Return on Assets (ttm) 0.3 %
Return on Equity (ttm) -24 %
Qtrly Rev. Growth -26.9 %
Gross Profit (p.s.) 0
Sales Per Share 12.68
EBITDA (p.s.) 3.06
Qtrly Earnings Growth 0 %
Operating Cash Flow 58 (M)
Levered Free Cash Flow 7 (M)
Stock Valuations
PE Ratio -0.43
PEG Ratio -0.2
Price to Book value 0.11
Price to Sales 0.11
Price to Cash Flow 0.36
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

StockChart iOS

StoxlineLite iOS

StoxlineLite iOS

OptionCalc iOS

StockChart Android

StoxlineLite Android

StoxlinePro Android

OptionCalc Android