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14.9% Return Seen to Date on SmarTrend Dril-Quip Inc Call (DRQ)

By Nick Russo

SmarTrend identified an Uptrend for Dril-Quip Inc (NYSE:DRQ) on May 16th, 2018 at $46.13. In approximately 2 months, Dril-Quip Inc has returned 14.85% as of today's recent price of $52.97.

In the past 52 weeks, shares of Dril-Quip Inc have traded between a low of $35.85 and a high of $56.55 and are now at $52.97, which is 48% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.4%.

Dril-Quip, Inc. designs and manufactures offshore drilling and production equipment. The Company's equipment consists of subsea, surface, and offshore rig equipment for use by oil and gas companies in offshore areas throughout the world. Dril-Quip provides installation and reconditioning services, and also rents running tools.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Dril-Quip Inc shares.

Log in and add Dril-Quip Inc (DRQ) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights dril-quip inc

Ticker(s): DRQ