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In the latest session, Nabors Industries Ltd (NYSE: NBR) closed at $26.19 up 2.67% from its previous closing price of $25.51. In other words, the price has increased by $2.67 from its previous closing price. On the day, 0.43 million shares were traded. NBR stock price reached its highest trading level at $26.42 during the session, while it also had its lowest trading level at $24.36.
Ratios:
For a deeper understanding of Nabors Industries Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 7.87 whereas as Long-Term Debt/Eq ratio is at 7.84.
On September 13, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $110 to $75.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NBR now has a Market Capitalization of 411172544 and an Enterprise Value of 3777538560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 1.288 whereas that against EBITDA is 4.359.
Stock Price History:
The Beta on a monthly basis for NBR is 1.54, which has changed by -0.6576471 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, NBR has reached a high of $105.96, while it has fallen to a 52-week low of $23.27. The 50-Day Moving Average of the stock is -20.11%, while the 200-Day Moving Average is calculated to be -54.47%.
Shares Statistics:
For the past three months, NBR has traded an average of 485.59K shares per day and 508910 over the past ten days. A total of 14.53M shares are outstanding, with a floating share count of 8.91M. Insiders hold about 8.75% of the company’s shares, while institutions hold 120.95% stake in the company. Shares short for NBR as of 1745971200 were 1506250 with a Short Ratio of 3.10, compared to 1743379200 on 1196751. Therefore, it implies a Short% of Shares Outstanding of 1506250 and a Short% of Float of 12.65.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 3.99.
