Borr Drilling Ltd (NYSE: BORR) on Friday, plunged -3.74% from the previous trading day, before settling in for the closing price of $3.74. Within the past 52 weeks, BORR’s price has moved between $3.29 and $7.53.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 45.84%. The company achieved an average annual earnings per share of 339.94%. With a float of $229.74 million, this company’s outstanding shares have now reached $251.18 million.
The extent of productivity of a business whose workforce counts for 2869 workers is very important to gauge. 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 and Institutional Ownership
Observing investor behavior towards Oil & Gas Drilling industry stocks is more important than anything else. The insider ownership of Borr Drilling Ltd is 6.74%, while institutional ownership is 81.62%.
Borr Drilling Ltd (BORR) Latest Financial update
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
Borr Drilling Ltd (BORR) is currently performing well based on its current performance indicators. A quick ratio of 1.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93.
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)
The latest stats from [Borr Drilling Ltd, BORR] show that its last 5-days average volume of 3.91 million was superior to 2.38 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 39.88%. Additionally, its Average True Range was 0.20.
During the past 100 days, Borr Drilling Ltd’s (BORR) raw stochastic average was set at 8.78%, which indicates a significant decrease from 24.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.17% in the past 14 days, which was lower than the 50.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.02, while its 200-day Moving Average is $5.56. Now, the first resistance to watch is $3.65. This is followed by the second major resistance level at $3.71. The third major resistance level sits at $3.77. If the price goes on to break the first support level at $3.54, it is likely to go to the next support level at $3.48. The third support level lies at $3.42 if the price breaches the second support level.
Borr Drilling Ltd (NYSE: BORR) Key Stats
Market capitalization of the company is 904.25 million based on 252,582K outstanding shares. Right now, sales total 771,600 K and income totals 22,100 K. The company made 241,600 K in profit during its latest quarter, and 9,700 K in sales during its previous quarter.
