Borr Drilling Ltd (BORR) distance from 200-day Simple Moving Average is $2.52: Right on the Precipice

Sana Meer

As on Wednesday, Borr Drilling Ltd (NYSE: BORR) started slowly as it slid -1.25% to $3.96, before settling in for the price of $4.01 at the close. Taking a more long-term approach, BORR posted a 52-week range of $1.55-$4.48.

Nevertheless, stock’s Earnings Per Share (EPS) this year is -53.24%. This publicly-traded company’s shares outstanding now amounts to $285.87 million, simultaneously with a float of $260.50 million. The organization now has a market capitalization sitting at $1.22 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.38, while the 200-day Moving Average is $2.52.

Borr Drilling Ltd (BORR) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Drilling industry. Borr Drilling Ltd’s current insider ownership accounts for 15.11%, in contrast to 55.12% institutional ownership.

Borr Drilling Ltd (BORR) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.

Borr Drilling Ltd’s EPS decrease for this current 12-month fiscal period is -53.24% and is forecasted to reach -0.02 in the upcoming year.

Borr Drilling Ltd (NYSE: BORR) Trading Performance Indicators

Let’s observe the current performance indicators for Borr Drilling Ltd (BORR). It’s Quick Ratio in the last reported quarter now stands at 1.55. Alongside those numbers, its PE Ratio stands at $15.86, and its Beta score is 1.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.19.

In the same vein, BORR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.25, a figure that is expected to reach -0.01 in the next quarter, and analysts are predicting that it will be -0.02 at the market close of one year from today.

Technical Analysis of Borr Drilling Ltd (BORR)

Through scrutinizing the latest numbers posted by the [Borr Drilling Ltd, BORR], it can be observed that its last 5-days Average volume of 4.38 million was lower the volume of 5.36 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 48.30% While, its Average True Range was 57.20.

Raw Stochastic average of Borr Drilling Ltd (BORR) in the period of the previous 100 days is set at 79.03%, which indicates a major rise in contrast to 42.22% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 0.22 that was higher than 0.18 volatility it exhibited in the past 100-days period.

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