Precision Drilling (PDS) Reaches $3.28 After 9.00% Down Move; Silchester International Investors Llp Cut By $22.31 Million Its Sk Telecom LTD (SKM) Holding

February 11, 2018 - By Darrin Black

The stock of Precision Drilling Corporation (NYSE:PDS) is a huge mover today! The stock decreased 3.81% or $0.13 during the last trading session, reaching $3.28. About 6.27 million shares traded or 114.93% up from the average. Precision Drilling Corporation (NYSE:PDS) has declined 14.25% since February 11, 2017 and is downtrending. It has underperformed by 30.95% the S&P500.The move comes after 6 months negative chart setup for the $942.75 million company. It was reported on Feb, 11 by Barchart.com. We have $2.98 PT which if reached, will make NYSE:PDS worth $84.85M less.

Silchester International Investors Llp decreased Sk Telecom Ltd (SKM) stake by 6.08% reported in 2017Q3 SEC filing. Silchester International Investors Llp sold 929,402 shares as Sk Telecom Ltd (SKM)’s stock rose 11.01%. The Silchester International Investors Llp holds 14.36M shares with $353.16 million value, down from 15.29M last quarter. Sk Telecom Ltd now has $15.12B valuation. The stock decreased 0.21% or $0.05 during the last trading session, reaching $24.32. About 627,593 shares traded or 28.28% up from the average. SK Telecom Co., Ltd. (NYSE:SKM) has risen 24.69% since February 11, 2017 and is uptrending. It has outperformed by 7.99% the S&P500.

Precision Drilling Corporation provides oil and natural gas drilling and related services and products. The company has market cap of $942.75 million. The firm operates in two divisions, Contract Drilling Services, and Completion and Production Services. It currently has negative earnings. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry.

Among 19 analysts covering Precision Drilling Corporation (NYSE:PDS), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Precision Drilling Corporation had 52 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Hold” on Thursday, August 3. The rating was upgraded by Piper Jaffray on Monday, September 18 to “Buy”. The stock of Precision Drilling Corporation (NYSE:PDS) earned “Overweight” rating by JP Morgan on Friday, February 3. The firm earned “Buy” rating on Monday, October 16 by Jefferies. As per Friday, September 4, the company rating was maintained by Credit Suisse. Jefferies maintained Precision Drilling Corporation (NYSE:PDS) rating on Monday, July 11. Jefferies has “Underweight” rating and $4 target. As per Thursday, December 8, the company rating was upgraded by Wolfe Research. The stock of Precision Drilling Corporation (NYSE:PDS) has “Market Perform” rating given on Tuesday, February 2 by Raymond James. Jefferies maintained the shares of PDS in report on Wednesday, August 2 with “Buy” rating. The stock of Precision Drilling Corporation (NYSE:PDS) has “Market Perform” rating given on Tuesday, May 31 by Raymond James.

Among 5 analysts covering SK Telecom (NYSE:SKM), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. SK Telecom had 5 analyst reports since November 2, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, November 2 by JP Morgan. The firm has “Neutral” rating given on Tuesday, October 25 by Macquarie Research. HSBC downgraded the shares of SKM in report on Wednesday, April 27 to “Hold” rating. The stock of SK Telecom Co., Ltd. (NYSE:SKM) earned “Buy” rating by CLSA on Monday, October 24. The stock of SK Telecom Co., Ltd. (NYSE:SKM) has “Buy” rating given on Friday, December 1 by Citigroup.

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