Independence Contract Drilling Stock Story

ICD Stock  USD 1.86  0.06  3.12%   
About 70% of Independence Contract's investor base is looking to short. The analysis of overall sentiment of trading Independence Contract Drilling stock suggests that many investors are alarmed at this time. Independence Contract's investor sentiment overview provides quick insight into current market opportunities from investing in Independence Contract Drilling. The current market sentiment, together with Independence Contract's historical and current headlines, can help investors time the market. In addition, many technical investors use Independence Contract stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Independence Contract stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Independence daily returns and investor perception about the current price of Independence Contract Drilling as well as its diversification or hedging effects on your existing portfolios.
  

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Independence Contract Latest Timeline

Independence Contract is traded for 1.86. About 13.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.16. Some equities with similar Price to Book (P/B) outperform the market in the long run. Independence Contract recorded a loss per share of 2.69. The entity last dividend was issued on the 12th of March 2020. The firm had 1:20 split on the 12th of March 2020.
When determining whether Independence Contract is a strong investment it is important to analyze Independence Contract's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Independence Contract's future performance. For an informed investment choice regarding Independence Stock, refer to the following important reports:
Check out Independence Contract Hype Analysis, Independence Contract Correlation and Independence Contract Performance.
Note that the Independence Contract information on this page should be used as a complementary analysis to other Independence Contract's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Independence Contract's price analysis, check to measure Independence Contract's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Contract is operating at the current time. Most of Independence Contract's value examination focuses on studying past and present price action to predict the probability of Independence Contract's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Contract's price. Additionally, you may evaluate how the addition of Independence Contract to your portfolios can decrease your overall portfolio volatility.
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Is Independence Contract's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independence Contract. If investors know Independence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independence Contract listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.69)
Revenue Per Share
14.995
Quarterly Revenue Growth
(0.24)
Return On Assets
0.017
Return On Equity
(0.19)
The market value of Independence Contract is measured differently than its book value, which is the value of Independence that is recorded on the company's balance sheet. Investors also form their own opinion of Independence Contract's value that differs from its market value or its book value, called intrinsic value, which is Independence Contract's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independence Contract's market value can be influenced by many factors that don't directly affect Independence Contract's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independence Contract's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independence Contract is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independence Contract's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.