On Monday, Borr Drilling Ltd (NYSE: BORR) opened lower -1.93% from the last session, before settling in for the closing price of $5.17. Price fluctuations for BORR have ranged from $5.03 to $7.32 over the past 52 weeks.
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Annual sales at Energy sector company grew by 45.84% over the past five years. Company’s average yearly earnings per share was noted 456.67% at the time writing. With a float of $233.75 million, this company’s outstanding shares have now reached $252.58 million.
Let’s look at the performance matrix of the company that is accounted for 2869 employees. In terms of profitability, gross margin is 50.72%, operating margin of 36.33%, and the pretax margin is 12.27%.
Borr Drilling Ltd (BORR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Drilling industry is another important factor to consider. The insider ownership of Borr Drilling Ltd is 6.74%, while institutional ownership is 83.50%.
Borr Drilling Ltd (BORR) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.07) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 456.67% per share during the next fiscal year.
Borr Drilling Ltd (NYSE: BORR) Trading Performance Indicators
Check out the current performance indicators for Borr Drilling Ltd (BORR). In the past quarter, the stock posted a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.89 in one year’s time.
Technical Analysis of Borr Drilling Ltd (BORR)
Borr Drilling Ltd (NYSE: BORR) saw its 5-day average volume 2.35 million, a positive change from its year-to-date volume of 1.95 million. As of the previous 9 days, the stock’s Stochastic %D was 17.32%. Additionally, its Average True Range was 0.19.
During the past 100 days, Borr Drilling Ltd’s (BORR) raw stochastic average was set at 1.46%, which indicates a significant decrease from 4.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.28% in the past 14 days, which was lower than the 46.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.70, while its 200-day Moving Average is $6.15. Nevertheless, the first resistance level for the watch stands at $5.17 in the near term. At $5.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.34. If the price goes on to break the first support level at $5.01, it is likely to go to the next support level at $4.94. The third support level lies at $4.84 if the price breaches the second support level.
Borr Drilling Ltd (NYSE: BORR) Key Stats
There are currently 152,500K shares outstanding in the company with a market cap of 1.27 billion. Presently, the company’s annual sales total 771,600 K according to its annual income of 22,100 K. Last quarter, the company’s sales amounted to 271,900 K and its income totaled 31,700 K.
