Borr Drilling Ltd (BORR) concluded trading on Wednesday at a closing price of $3.86, with 3.69 million shares of worth about $14.24 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.79% during that period and on November 20, 2024 the price saw a loss of about -2.03%. Currently the company’s common shares owned by public are about 252.58M shares, out of which, 234.26M shares are available for trading.
Stock saw a price change of -3.02% in past 5 days and over the past one month there was a price change of -18.57%. Year-to-date (YTD), BORR shares are showing a performance of -47.20% which decreased to -38.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.76 but also hit the highest price of $7.55 during that period. The average intraday trading volume for Borr Drilling Ltd shares is 2.69 million. The stock is currently trading -7.40% below its 20-day simple moving average (SMA20), while that difference is down -21.31% for SMA50 and it goes to -34.42% lower than SMA200.
Borr Drilling Ltd (NYSE: BORR) currently have 252.58M outstanding shares and institutions hold larger chunk of about 83.60% of that.
The stock has a current market capitalization of $11.32B and its 3Y-monthly beta is at 3.00. PE ratio of stock for trailing 12 months is 12.77, while it has posted earnings per share of $0.30 in the same period. It has Quick Ratio of 1.33 while making debt-to-equity ratio of 2.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BORR, volatility over the week remained 4.24% while standing at 4.16% over the month.
Stock’s fiscal year EPS is expected to rise by 343.74% while it is estimated to increase by 91.48% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Evercore ISI on September 13, 2024 offering an Outperform rating for the stock and assigned a target price of $9 to it.
