February 15, 2016 - 11:32 AM EST
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Independence Contract Drilling Inc (ICD) is Trading Higher on Unusual Volume for February 15

Independence Contract Drilling Inc (ICD) experienced unusually high volume on Feb. 15, as the stock gained 0.58% to a closing price of $3.46. The stock saw 136,521 shares trade hands over the course of the day on 227 trades. Given that the stock’s average daily volume over the last month has been 58,321 shares a day, this represents a pretty substantial spike over the norm.

Independence Contract Drilling Inc has a P/B ratio of 0.36. The stock has traded between $9.41 and $3.34 over the last 52-weeks, its 50-day SMA is now $4.79, and its 200-day SMA $6.49.

Independence Contract Drilling Inc is engaged in providing land-based contract drilling services for oil and natural gas producers targeting unconventional resource plays in the United States.

Headquartered in Houston, TX, Independence Contract Drilling Inc has 323 employees and is currently under the leadership of CEO Byron A. Dunn.

For a complete fundamental analysis analysis of Independence Contract Drilling Inc, check out Equities.com’s Stock Valuation Analysis report for ICD. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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Source: Equities.com News (February 15, 2016 - 11:32 AM EST)

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