Trinidad Drilling Ltd. Stock Is Rising Now


 Trinidad Drilling Ltd. Stock Is Rising Now

The stock of Trinidad Drilling Ltd. (TSE:TDG) is a huge mover today! About 355,360 shares traded hands or 15.20% up from the average. Trinidad Drilling Ltd. (TSE:TDG) has risen 31.58% since March 11, 2016 and is uptrending. It has outperformed by 26.09% the S&P500.
The move comes after 5 months positive chart setup for the $545.38M company. It was reported on Oct, 18 by We have $2.99 PT which if reached, will make TSE:TDG worth $109.08 million more.

Trinidad Drilling Ltd. (TSE:TDG) Ratings Coverage

Out of 7 analysts covering Trinidad Drilling Ltd. (TSE:TDG), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. $6 is the highest target while $2 is the lowest. The $3.45 average target is 38.55% above today’s ($2.49) stock price. Trinidad Drilling Ltd. has been the topic of 31 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Tuesday, June 28 by Paradigm Research. The stock of Trinidad Drilling Ltd. (TSE:TDG) has “Outperform” rating given on Wednesday, August 5 by Scotia Capital. The rating was upgraded by Raymond James on Wednesday, November 18 to “Strong Buy”. The firm earned “Sector Perform” rating on Tuesday, June 28 by Scotia Capital. Scotia Capital downgraded it to “Sector Perform” rating and $3 target price in Friday, October 9 report.

More recent Trinidad Drilling Ltd. (TSE:TDG) news were published by: which released: “Trinidad Drilling Ltd. Announces Amendments to Its Credit Facility and Debt …” on June 27, 2016. Also published the news titled: “Trinidad Drilling Ltd. and CanElson Drilling Inc. merger gives scale in …” on June 11, 2015.‘s news article titled: “Trinidad Drilling Ltd.” with publication date: November 02, 2011 was also an interesting one.

Trinidad Drilling Ltd. is a Canada-based company, which operates in the drilling sector of the North American oil and natural gas industry, with activities in Canada and the United States. The company has a market cap of $545.38 million. The Firm operates through five divisions, which include Canadian Operations, US and International Operations, Manufacturing Operations, Joint Venture Operations and Corporate. It currently has negative earnings. The Canadian Operations segment is engaged in providing land drilling services to the Canadian gas and oil industry.

TDG Company Profile

TransDigm Group Incorporated (TransDigm), incorporated on July 8, 2003, is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft. The Firm operates through three divisions: Power & Control, Airframe and Non-aviation. The Firm designs, produces and supplies aerospace components (and certain systems/subsystems) with aftermarket content. The Firm focuses to develop customized products to solve specific needs for aircraft operators and manufacturers. The Firm maintains approximately 50 manufacturing facilities.

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