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After finishing at $25.47 in the prior trading day, Seadrill Ltd (NYSE: SDRL) closed at $23.32, down -8.44%. In other words, the price has decreased by -$8.44 from its previous closing price. On the day, 2.03 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 1.69 and its Current Ratio is at 1.69. 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 3.66, and their Forward P/E ratio for the next fiscal year is 5.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.50.
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 $25.20. The 50-Day Moving Average of the stock is -32.76%, while the 200-Day Moving Average is calculated to be -44.51%.
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 95.09% stake in the company.
