Nabors Industries Ltd. (NBR) Jumps: Stock Adds 6.2% in Session - Tale of the Tape

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Nabors Industries Ltd. NBR was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $25.99 to $28.48 in the past one-month time frame.

The company has seen no estimate revisions over the past 30 days, and the Zacks Consensus Estimate is unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Nabors Industries currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the oil and gas drilling industry include Pioneer Energy Services Corp. PES, North Atlantic Drilling Limited (NADL) and Parker Drilling Co. PKD. While Pioneer Energy Services sports a Zacks Rank #1 (Strong Buy), North Atlantic Drilling Limited and Parker Drilling Co. hold a Zacks Rank #2 (Buy).

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report


NABORS IND NBR: Free Stock Analysis Report

PIONEER EGY SVC PES: Free Stock Analysis Report

NORTH ATL DRILG (NADL): Free Stock Analysis Report

PARKER DRILLING PKD: Free Stock Analysis Report

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