Borr Drilling Ltd (BORR) concluded trading on Thursday at a closing price of $3.39, with 5.6 million shares of worth about $18.99 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -41.75% during that period and on February 06, 2025 the price saw a loss of about -5.04%. Currently the company’s common shares owned by public are about 251.18M shares, out of which, 225.40M shares are available for trading.
Stock saw a price change of -0.59% in past 5 days and over the past one month there was a price change of -16.50%. Year-to-date (YTD), BORR shares are showing a performance of -13.08% which decreased to -41.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.22 but also hit the highest price of $7.26 during that period. The average intraday trading volume for Borr Drilling Ltd shares is 4.83 million. The stock is currently trading -4.52% below its 20-day simple moving average (SMA20), while that difference is down -7.67% for SMA50 and it goes to -35.06% lower than SMA200.
Borr Drilling Ltd (NYSE: BORR) currently have 251.18M outstanding shares and institutions hold larger chunk of about 80.12% of that.
The stock has a current market capitalization of $835.39M and its 3Y-monthly beta is at 2.64. PE ratio of stock for trailing 12 months is 11.22, 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 5.49% while standing at 5.60% over the month.
Stock’s fiscal year EPS is expected to rise by 251.97% while it is estimated to increase by 48.27% 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.
