No matter how cynical the overall market is Borr Drilling Ltd (BORR) performance over the last week is recorded 7.30%

On Friday, Borr Drilling Ltd (NYSE: BORR) was 6.32% up from the session before settling in for the closing price of $9.87. A 52-week range for BORR has been $5.66 – $8.95.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

It was noted that within the last five years, the titan of the Energy sector saw sales topped by 38.83%. When this article was written, the company’s average yearly earnings per share was at 104.19%. With a float of $217.02 million, this company’s outstanding shares have now reached $228.95 million.

The extent of productivity of a business whose workforce counts for Jan 02 2024 workers is very important to gauge.

Borr Drilling Ltd (BORR) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Borr Drilling Ltd stocks. The insider ownership of Borr Drilling Ltd is 14.37%, while institutional ownership is 59.43%.

Borr Drilling Ltd (BORR) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted $0 earnings per share (EPS) during the time that was less than consensus figure (set at $0.07) by -$0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 104.19% per share during the next fiscal year.

Borr Drilling Ltd (NYSE: BORR) Trading Performance Indicators

You can see what Borr Drilling Ltd (BORR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.12, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.70 in one year’s time.

Technical Analysis of Borr Drilling Ltd (BORR)

The latest stats from [Borr Drilling Ltd, BORR] show that its last 5-days average volume of 1.58 million was inferior to 1.83 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 40.05%. Additionally, its Average True Range was 0.26.

During the past 100 days, Borr Drilling Ltd’s (BORR) raw stochastic average was set at 29.45%, which indicates a significant decrease from 36.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.78% in the past 14 days, which was higher than the 46.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.66, while its 200-day Moving Average is $7.02. Now, the first resistance to watch is $6.42. This is followed by the second major resistance level at $6.52. The third major resistance level sits at $6.62. If the price goes on to break the first support level at $6.22, it is likely to go to the next support level at $6.12. Assuming the price breaks the second support level, the third support level stands at $6.02.

Borr Drilling Ltd (NYSE: BORR) Key Stats

There are 152,495K outstanding shares of the company, which has a market capitalization of 1.60 billion. As of now, sales total 443,800 K while income totals -292,800 K. Its latest quarter income was 191,500 K while its last quarter net income were 300 K.