Can Atwood Oceanics Inc. (NYSE:ATW) sink your investment?


Atwood Oceanics, Inc. (NYSE:ATW)‘s shares have oscillated between a high of $-34.68% and a low of $64.05% over the last 12 months.

For the last 50 days, the stock has risen to a peak price of $2.34% and hit a bottom of $44.67%.

The Barchart Technical Opinion rating is a 56% Buy with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is Strong. Long term indicators mostly agree with the trend.

Recently, Ensco plc (NYSE:ESV) and Atwood Oceanics, Inc. (NYSE:ATW) jointly announced today that they have entered into a definitive merger agreement under which Ensco will acquire Atwood in an all-stock transaction. The definitive merger agreement was unanimously approved by each company’s board of directors.

On moving volumes measurements, the stock?s 20-Day Simple Moving Average price is $23.46%, 50-Day Simple Moving Average is $18.15% and 200-Day Simple Moving Average is $4.46%.

The stock is now moved -23.53% for the year. Over the last six months it has moved 21.84%, compared with a movement of -4.47% for the quarter, 28.22% for the month and 15.01% for the week.

The average volume, usually a measurement of three months average, is 3.19M. Relative volume on the other hand is 12.87. In total, Atwood Oceanics, Inc. has 81.31M shares outstanding, with 75.91M of them being free float shares.

The stock?s short float stands at 28.72%, working out to a short ratio of 6.83.

Institutional investors own – of Atwood Oceanics, Inc.’s equity, while insiders own 0.70% of the stock. In the last couple of months, the stock has seen 24.70% institutional investor transactions, compared to 0.00% insider transactions.

How have the investors seen their investment in the stock change? Atwood Oceanics, Inc.’s return on equity for the trailing 12 months is 2.60% and return on investments for a similar period calculates to 7.10%%. The company posted return on assets of 1.80% for the same trailing 12 months period.

Does Atwood Oceanics, Inc. have the ability to keep its doors open ? at least over the short-term? The company’s current ratio at the end of the most recent quarter was 12.20, while quick ratio for the same period was 10.20.

For the matters of debt, the company’s Long Term Debt/Equity for the most recent quarter was 0.38 and Total Debt/Equity for the same period was 0.38.