Global Hunter Securities Gives Neutral Rating to Union Drilling (UDRL)

By admin | 7 years ago

Union Drilling (NASDAQ: UDRL)‘s stock had its “neutral” rating restated by analysts at Global Hunter Securities in a research report issued to clients and investors on Friday.

Union Drilling traded down 8.05% on Friday, hitting $4.34. Union Drilling has a 1-year low of $4.12 and a 1-year high of $13.80. The company’s market cap is $100.3 million.

Union Drilling last released its earnings data on Wednesday, May 2nd. The company reported ($0.10) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.01 by $0.11. The company’s quarterly revenue was up 15.4% on a year-over-year basis. Analysts expect that Union Drilling will post $0.01 EPS next quarter.

Union Drilling, Inc. (Union Drilling) provides contract land drilling services and equipment, primarily to natural gas producers.

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