Weatherford International (OTCMKTS:WFTIQ) is scheduled to announce its earnings results before the market opens on Thursday, May 6th. Analysts expect the company to announce earnings of ($1.38) per share for the quarter.
Shares of WFTIQ opened at $0.02 on Wednesday. The stock’s 50-day moving average price is $0.02 and its two-hundred day moving average price is $0.02. Weatherford International has a 12 month low of $0.01 and a 12 month high of $0.05. The company has a quick ratio of 1.45, a current ratio of 2.05 and a debt-to-equity ratio of 1.65.
A number of equities analysts have recently issued reports on WFTIQ shares. Zacks Investment Research lowered Weatherford International from a “buy” rating to a “hold” rating in a research note on Friday, April 16th. Capital One Financial restated an “equal weight” rating on shares of Weatherford International in a research report on Thursday, February 18th.
Weatherford International Plc provides equipment and services to the oil and natural gas exploration and production industry. It operates through two segments: Western Hemisphere and Eastern Hemisphere. The firm’s products and services are Drilling and Evaluation, Production, Completions, and Well Construction.
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