Borr Drilling Ltd (NYSE: BORR) on Monday, plunged -4.27% from the previous trading day, before settling in for the closing price of $3.51. Within the past 52 weeks, BORR’s price has moved between $3.26 and $7.42.
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A company in the Energy sector has jumped its sales by 31.65% annually for the last half of the decade. The company achieved an average annual earnings per share of 287.39%. With a float of $229.74 million, this company’s outstanding shares have now reached $251.18 million.
In an organization with 2869 employees, it is important to assess its efficiency. 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 8.53%, while institutional ownership is 78.93%.
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 287.39% 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 0.86.
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 0.57 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 6.64 million. That was better than the volume of 5.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.06%. Additionally, its Average True Range was 0.22.
During the past 100 days, Borr Drilling Ltd’s (BORR) raw stochastic average was set at 3.82%, which indicates a significant decrease from 10.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.96% in the past 14 days, which was higher than the 51.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.76, while its 200-day Moving Average is $5.31. However, in the short run, Borr Drilling Ltd’s stock first resistance to watch stands at $3.50. Second resistance stands at $3.65. The third major resistance level sits at $3.73. If the price goes on to break the first support level at $3.27, it is likely to go to the next support level at $3.19. The third support level lies at $3.04 if the price breaches the second support level.
Borr Drilling Ltd (NYSE: BORR) Key Stats
Market capitalization of the company is 828.00 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.
