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The closing price of Valaris Ltd (NYSE: VAL) was $60.11 for the day, down -4.57% from the previous closing price of $62.99. In other words, the price has decreased by -$4.57 from its previous closing price. On the day, 1.06 million shares were traded. VAL stock price reached its highest trading level at $62.62 during the session, while it also had its lowest trading level at $59.4.
Ratios:
Our analysis of VAL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.52.
On November 28, 2023, CapitalOne started tracking the stock assigning a Overweight rating and target price of $100.
Barclays Upgraded its Equal Weight to Overweight on November 09, 2023, whereas the target price for the stock was revised from $84 to $106.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VAL now has a Market Capitalization of 4582569984 and an Enterprise Value of 5138145280. As of this moment, Valaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.34, and their Forward P/E ratio for the next fiscal year is 6.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.11 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 2.477 whereas that against EBITDA is 17.584.
Stock Price History:
Over the past 52 weeks, VAL has reached a high of $84.20, while it has fallen to a 52-week low of $60.06. The 50-Day Moving Average of the stock is -15.41%, while the 200-Day Moving Average is calculated to be -13.63%.
Shares Statistics:
VAL traded an average of 1.06M shares per day over the past three months and 833120 shares per day over the past ten days. A total of 72.40M shares are outstanding, with a floating share count of 66.73M. Insiders hold about 8.28% of the company’s shares, while institutions hold 99.51% stake in the company. Shares short for VAL as of 1723680000 were 8131132 with a Short Ratio of 7.65, compared to 1721001600 on 8176569. Therefore, it implies a Short% of Shares Outstanding of 8131132 and a Short% of Float of 12.45.
