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After finishing at $28.01 in the prior trading day, Seadrill Ltd (NYSE: SDRL) closed at $26.65, down -4.86%%. In other words, the price has decreased by -$4.86% from its previous closing price. On the day, 1.31 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SDRL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
On December 06, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $72.Stifel initiated its Buy rating on December 06, 2023, with a $72 target price.
Valuation Measures:
As of this moment, Seadrill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.99, and their Forward P/E ratio for the next fiscal year is 13.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 0.57.
Stock Price History:
Over the past 52 weeks, SDRL has reached a high of $56.46, while it has fallen to a 52-week low of $17.74. The 50-Day Moving Average of the stock is 12.86%, while the 200-Day Moving Average is calculated to be -17.07%.
Shares Statistics:
A total of 68.83M shares are outstanding, with a floating share count of 65.49M. Insiders hold about 4.86% of the company’s shares, while institutions hold 96.13% stake in the company.