Parker Drilling Analysis

Parker Pink Sheet Analysis Notes

The company has price-to-book ratio of 0.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Parker Drilling recorded a loss per share of 6.15. The entity last dividend was issued on the 15th of April 2020. The firm had 1:50 split on the 15th of April 2020. Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas. Parker Drilling operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2670 people.The quote for Parker Drilling is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Parker Drilling contact Alexander Esslemont at 281 406 2000 or learn more at https://www.parkerdrilling.com.

Parker Drilling Investment Alerts

Parker Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 106.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parker Drilling's market, we take the total number of its shares issued and multiply it by Parker Drilling's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Parker Profitablity

The company has Profit Margin (PM) of (0.13) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Parker Drilling Predictive Daily Indicators

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Parker Drilling prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Parker shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Parker Drilling. By using and applying Parker Pink Sheet analysis, traders can create a robust methodology for identifying Parker entry and exit points for their positions.

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

If you are still planning to invest in Parker Drilling check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parker Drilling's history and understand the potential risks before investing.