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Lowest Sales per Share in the Oil & Gas Drilling Industry Detected in Shares of Independence Con (ICD, NE, ESV, PES, RIG)

By Amy Schwartz

Below are the three companies in the Oil & Gas Drilling industry with the lowest sales per share. Sales per share is a valuable metric in comparing relative value for companies in the same industry.

Independence Con ranks lowest with a sales per share of $2.52. Noble Corp Plc is next with a sales per share of $4.52. Ensco Plc-Cl A ranks third lowest with a sales per share of $5.08.

Pioneer Energy Services Corp follows with a sales per share of $6.39, and Transocean Ltd rounds out the bottom five with a sales per share of $7.11.

SmarTrend recommended that its subscribers protect gains by selling shares of Independence Con on March 22nd, 2019 by issuing a Downtrend alert when the shares were trading at $2.80. Since that call, shares of Independence Con have fallen 36.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest sales per share independence con noble corp plc ensco plc-cl a :pes pioneer energy services corp transocean ltd

Ticker(s): ICD NE ESV RIG