A new trading day began on January 24, 2023, with Borr Drilling Limited (NYSE: BORR) stock priced at $5.86, down -2.90% from the previous day of trading. During the day, the shares moved up to $5.86 and dropped to $5.6006 before settling in for the closing price of $5.86. BORR’s price has ranged from $1.75 to $6.96 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -21.70%. With a float of $162.88 million, this company’s outstanding shares have now reached $228.86 million.
The firm has a total of 517 workers. Let’s measure their productivity. In terms of profitability, gross margin is -22.50, operating margin of -36.49, and the pretax margin is -81.29.
Borr Drilling Limited (BORR) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Drilling Industry. The insider ownership of Borr Drilling Limited is 10.19%, while institutional ownership is 43.48%.
Borr Drilling Limited (BORR) Recent Fiscal highlights
In its latest quarterly report, released on 6/29/2022, the company reported earnings of -$1.09 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -78.68 while generating a return on equity of -19.85. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -21.70% per share during the next fiscal year.
Borr Drilling Limited (NYSE: BORR) Trading Performance Indicators
Here are Borr Drilling Limited’s current performance indicators. According to the last quarter’s results, the stock had a price to sales ratio for the trailing twelve months stands at 3.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.37, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.28 in one year’s time.
Technical Analysis of Borr Drilling Limited (BORR)
Analysing the last 5-days average volume posted by the [Borr Drilling Limited, BORR], we can find that recorded value of 0.99 million was lower than the volume posted last year of 1.09 million. As of the previous 9 days, the stock’s Stochastic %D was 64.20%. Additionally, its Average True Range was 0.29.
During the past 100 days, Borr Drilling Limited’s (BORR) raw stochastic average was set at 84.30%, which indicates a significant increase from 71.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.27% in the past 14 days, which was lower than the 71.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.90, while its 200-day Moving Average is $4.45. Now, the first resistance to watch is $5.83. This is followed by the second major resistance level at $5.98. The third major resistance level sits at $6.09. If the price goes on to break the first support level at $5.57, it is likely to go to the next support level at $5.46. Now, if the price goes above the second support level, the third support stands at $5.31.
Borr Drilling Limited (NYSE: BORR) Key Stats
With a market capitalization of 1.30 billion, the company has a total of 152,495K Shares Outstanding. Currently, annual sales are 245,300 K while annual income is -193,000 K. The company’s previous quarter sales were 107,900 K while its latest quarter income was -54,900 K.