PRECISION DRILLING (Germany) Today

PRE1 Stock  EUR 64.00  3.00  4.92%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 37

 
High
 
Low
Below Average
PRECISION DRILLING is trading at 64.00 as of the 26th of November 2024. This is a 4.92% up since the beginning of the trading day. The stock's lowest day price was 62.5. PRECISION DRILLING has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for PRECISION DRILLING P are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related products and services in North America and the Middle East. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada. The company has 13.52 M outstanding shares. More on PRECISION DRILLING P

Moving together with PRECISION Stock

  0.84PE1 Patterson UTI EnergyPairCorr

Moving against PRECISION Stock

  0.51DBPE Xtrackers LevDAXPairCorr
  0.46GIB GSW Immobilien AGPairCorr
  0.41EK7 AGRICUL BK CHINAPairCorr
  0.39UN3 United Natural FoodsPairCorr
  0.39VAR1 Varta AGPairCorr
  0.35YIZH Sinopec Oilfield ServicePairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

PRECISION Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PRECISION DRILLING's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PRECISION DRILLING or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaOil And Gas (View all Themes)
Business ConcentrationOil And Gas, Oil & Gas Drilling, Energy (View all Sectors)
PRECISION DRILLING P (PRE1) is traded on Frankfurt Exchange in Germany . The company currently falls under 'Small-Cap' category with a current market capitalization of 919.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PRECISION DRILLING's market, we take the total number of its shares issued and multiply it by PRECISION DRILLING's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. PRECISION DRILLING operates under Energy sector and is part of Oil & Gas Drilling industry. The entity has 13.52 M outstanding shares. PRECISION DRILLING P has accumulated about 77.83 M in cash with 166.59 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.85.
Check PRECISION DRILLING Probability Of Bankruptcy
Ownership Allocation
The market capitalization of PRECISION DRILLING is €919.07 Million. Over half of PRECISION DRILLING's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Therefore, these institutions are subject to different rules and regulations than regular investors in PRECISION DRILLING. Please watch out for any change in the institutional holdings of PRECISION DRILLING as this could mean something significant has changed or is about to change at the company. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check PRECISION Ownership Details

PRECISION DRILLING Risk Profiles

Although PRECISION DRILLING's alpha and beta are two of the key measurements used to evaluate PRECISION DRILLING's performance over the market, the standard measures of volatility play an important role as well.

PRECISION Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in PRECISION DRILLING without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Efficient Frontier Now

   

Efficient Frontier

Plot and analyze your portfolio and positions against risk-return landscape of the market.
All  Next Launch Module

Other Information on Investing in PRECISION Stock

PRECISION DRILLING financial ratios help investors to determine whether PRECISION Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PRECISION with respect to the benefits of owning PRECISION DRILLING security.