Borr Drilling Ltd (NYSE: BORR) kicked off on Monday, up 3.33% from the previous trading day, before settling in for the closing price of $3.60. Over the past 52 weeks, BORR has traded in a range of $3.29-$7.55.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 45.84%. While this was happening, its average annual earnings per share was recorded 339.94%. With a float of $234.26 million, this company’s outstanding shares have now reached $251.18 million.
Considering the fact that the conglomerate employs 2869 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 53.1%, operating margin of 36.45%, and the pretax margin is 12.4%.
Borr Drilling Ltd (BORR) Insider Activity
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 81.62%.
Borr Drilling Ltd (BORR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 339.94% 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 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.72 in one year’s time.
Technical Analysis of Borr Drilling Ltd (BORR)
Compared to the last year’s volume of 2.37 million, its volume of 4.39 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 34.31%. Additionally, its Average True Range was 0.20.
During the past 100 days, Borr Drilling Ltd’s (BORR) raw stochastic average was set at 12.18%, which indicates a significant decrease from 58.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.29% in the past 14 days, which was higher than the 52.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.11, while its 200-day Moving Average is $5.60. Nevertheless, the first resistance level for the watch stands at $3.79 in the near term. At $3.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.98. If the price goes on to break the first support level at $3.61, it is likely to go to the next support level at $3.50. Should the price break the second support level, the third support level stands at $3.42.
Borr Drilling Ltd (NYSE: BORR) Key Stats
The company with the Market Capitalisation of 934.39 million has total of 252,582K 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 241,600 K and last quarter income was 9,700 K.
