Borr Drilling Ltd (NYSE: BORR) kicked off on Monday, down -5.32% from the previous trading day, before settling in for the closing price of $4.70. Over the past 52 weeks, BORR has traded in a range of $4.59-$7.32.
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A company in the Energy sector has jumped its sales by 45.84% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 441.05%. With a float of $233.75 million, this company’s outstanding shares have now reached $252.58 million.
In an organization with 2869 employees, it is important to assess its efficiency. 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 Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Drilling Industry. The insider ownership of Borr Drilling Ltd is 6.74%, while institutional ownership is 83.52%.
Borr Drilling Ltd (BORR) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0 earnings per share (EPS), lower than consensus estimate (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 441.05% per share during the next fiscal year.
Borr Drilling Ltd (NYSE: BORR) Trading Performance Indicators
Take a look at Borr Drilling Ltd’s (BORR) current performance indicators. Last quarter, stock had a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.85 in one year’s time.
Technical Analysis of Borr Drilling Ltd (BORR)
Let’s dig in a bit further. During the last 5-days, its volume was 4.08 million. That was better than the volume of 2.0 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.74%. Additionally, its Average True Range was 0.22.
During the past 100 days, Borr Drilling Ltd’s (BORR) raw stochastic average was set at 9.59%, which indicates a significant decrease from 22.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.13% in the past 14 days, which was lower than the 47.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.52, while its 200-day Moving Average is $6.10. However, in the short run, Borr Drilling Ltd’s stock first resistance to watch stands at $4.55. Second resistance stands at $4.65. The third major resistance level sits at $4.84. If the price goes on to break the first support level at $4.26, it is likely to go to the next support level at $4.07. Assuming the price breaks the second support level, the third support level stands at $3.97.
Borr Drilling Ltd (NYSE: BORR) Key Stats
The company with the Market Capitalisation of 1.12 billion has total of 152,500K Shares Outstanding. Its annual sales at the moment are 771,600 K in contrast with the sum of 22,100 K annual income. Company’s last quarter sales were recorded 271,900 K and last quarter income was 31,700 K.
