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The closing price of Borr Drilling Ltd (NYSE: BORR) was $1.86 for the day, down -1.06% from the previous closing price of $1.88. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 2.18 million shares were traded. BORR stock price reached its highest trading level at $1.94 during the session, while it also had its lowest trading level at $1.85.
Ratios:
Our analysis of BORR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.17 whereas as Long-Term Debt/Eq ratio is at 2.05.
On September 13, 2024, Evercore ISI Upgraded its rating to Outperform which previously was In-line but kept the price unchanged to $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BORR now has a Market Capitalization of 495178496 and an Enterprise Value of 2383834624. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.90, and their Forward P/E ratio for the next fiscal year is 131.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 2.4 whereas that against EBITDA is 4.924.
Stock Price History:
The Beta on a monthly basis for BORR is 1.88, which has changed by -0.71982116 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, BORR has reached a high of $6.93, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is -3.65%, while the 200-Day Moving Average is calculated to be -37.91%.
Shares Statistics:
BORR traded an average of 5.48M shares per day over the past three months and 4059270 shares per day over the past ten days. A total of 239.31M shares are outstanding, with a floating share count of 224.12M. Insiders hold about 9.05% of the company’s shares, while institutions hold 73.48% stake in the company. Shares short for BORR as of 1749772800 were 19960715 with a Short Ratio of 4.07, compared to 1747267200 on 21436015. Therefore, it implies a Short% of Shares Outstanding of 19960715 and a Short% of Float of 11.42.
Dividends & Splits
With its trailing 12-month dividend rate of 0.14, BORR has a forward annual dividend rate of 0.14. Against a Trailing Annual Dividend Yield of 0.07446808The current Payout Ratio is 73.35% for BORR, which recently paid a dividend on 2024-11-29 with an ex-dividend date of 2025-03-03. Stock splits for the company last occurred on 2021-12-14 when the company split stock in a 1:2 ratio.
