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After finishing at $1.88 in the prior trading day, Borr Drilling Ltd (NYSE: BORR) closed at $1.92, up 2.13%. In other words, the price has increased by $2.13 from its previous closing price. On the day, 4.08 million shares were traded. BORR stock price reached its highest trading level at $1.955 during the session, while it also had its lowest trading level at $1.875.
Ratios:
Our goal is to gain a better understanding of BORR by taking a closer look at its different ratios. 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 511151968 and an Enterprise Value of 2405372416. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.25, and their Forward P/E ratio for the next fiscal year is 132.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 2.422 whereas that against EBITDA is 4.969.
Stock Price History:
The Beta on a monthly basis for BORR is 1.96, which has changed by -0.6701031 over the last 52 weeks, in comparison to a change of 0.20799685 over the same period for the S&P500. Over the past 52 weeks, BORR has reached a high of $6.82, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is -3.52%, while the 200-Day Moving Average is calculated to be -32.12%.
Shares Statistics:
The stock has traded on average 5.22M shares per day over the past 3-months and 4061790 shares per day over the last 10 days, according to various share statistics. 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 71.86% stake in the company. Shares short for BORR as of 1752537600 were 22651050 with a Short Ratio of 4.34, compared to 1749772800 on 19960715. Therefore, it implies a Short% of Shares Outstanding of 22651050 and a Short% of Float of 11.229999.
Dividends & Splits
In the trailing 12 months, BORR’s forward annual dividend rate was 0.14, compared to 0.14 this year. Against a Trailing Annual Dividend Yield of 0.07446808The current Payout Ratio is 73.35% for BORR, which recently paid a dividend on 2025-03-03 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.
