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

By David Diaz

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

Transocean Ltd follows with a sales per share of $7.11, and Rowan Companie-A rounds out the bottom five with a sales per share of $8.86.

SmarTrend recommended that subscribers consider buying shares of Rowan Companie-A on January 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $9.95. Since that recommendation, shares of Rowan Companie-A have risen 23.6%. We continue to monitor Rowan Companie-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest sales per share independence con noble corp plc ensco plc-cl a transocean ltd rowan companie-a

Ticker(s): ICD NE ESV RIG RDC