Traders Recap on Worth Watching Stocks: Diplomat Pharmacy Inc (NYSE:DPLO), Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

On Monday, Shares of Diplomat Pharmacy Inc (NYSE:DPLO), added 1.85% and closed at $14.90 in the last trading session. The last trading range of the stock ranges between $14.72 and $15.44. Diplomat Pharmacy, Inc. operates as an independent specialty pharmacy in the United States. The company stocks, dispenses, and distributes prescriptions for various biotechnology and specialty pharmaceutical manufacturers. It also provides specialty infusion pharmacy, patient care coordination, clinical, compliance and persistency program, patient financial assistance, specialty pharmacy training/consulting, benefits investigation, prior authorization, risk evaluation and medication strategy, retail specialty, and hub services, in addition to clinical and administrative support services to hospitals and health systems. The company’s primary focus is on medication administration programs for individuals with complex chronic diseases, counting oncology, immunology, hepatitis, multiple sclerosis, specialized infusion therapy, and various other serious or long-term conditions.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN), jumped 2.55% and closed at $22.56 in the last trading session. The last trading range of the stock ranges between $21.76 and $22.57. The company’s Market capitalization is $3.28 Billion with the total Outstanding Shares of 148.11 million. PATTERSON-UTI ENERGY, INC. (PTEN) recently stated that for the month of October 2016, the Company had an average of 63 drilling rigs operating in the United States and two rigs in Canada.

Average drilling rigs operating stated in the Company’s monthly declarements represent the average number of the Company’s drilling rigs that were operating under a drilling contract.  The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company’s operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company’s financial performance.  The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.

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