Borr Drilling Ltd (BORR)’s Market Momentum: Closing Strong at 1.93, Down -3.98

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, Borr Drilling Ltd’s stock clocked out at $1.93, down -3.98% from its previous closing price of $2.01. In other words, the price has decreased by -$3.98 from its previous closing price. On the day, 3.98 million shares were traded. BORR stock price reached its highest trading level at $2.08 during the session, while it also had its lowest trading level at $1.89.

Ratios:

To gain a deeper understanding of BORR’s stock, we examine 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 2.13 whereas as Long-Term Debt/Eq ratio is at 2.01.

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 461866336 and an Enterprise Value of 2522908672. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.51, and their Forward P/E ratio for the next fiscal year is 12.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 2.496 whereas that against EBITDA is 4.996.

Stock Price History:

The Beta on a monthly basis for BORR is 1.74, which has changed by -0.6578014 over the last 52 weeks, in comparison to a change of 0.07019031 over the same period for the S&P500. Over the past 52 weeks, BORR has reached a high of $7.26, while it has fallen to a 52-week low of $1.62. The 50-Day Moving Average of the stock is -24.18%, while the 200-Day Moving Average is calculated to be -56.04%.

Shares Statistics:

It appears that BORR traded 6.16M shares on average per day over the past three months and 8231130 shares per day over the past ten days. A total of 244.93M shares are outstanding, with a floating share count of 222.73M. Insiders hold about 9.62% of the company’s shares, while institutions hold 88.12% stake in the company. Shares short for BORR as of 1743379200 were 19821276 with a Short Ratio of 3.22, compared to 1740700800 on 17249045. Therefore, it implies a Short% of Shares Outstanding of 19821276 and a Short% of Float of 10.99.

Dividends & Splits

With its trailing 12-month dividend rate of 0.24, BORR has a forward annual dividend rate of 0.24. Against a Trailing Annual Dividend Yield of 0.11940298The current Payout Ratio is 73.35% for BORR, which recently paid a dividend on 2024-11-29 with an ex-dividend date of 1740960000. Stock splits for the company last occurred on 2021-12-14 when the company split stock in a 1:2 ratio.

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