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In the latest session, Nabors Industries Ltd (NYSE: NBR) closed at $26.84 down -7.00% from its previous closing price of $28.86. In other words, the price has decreased by -$7.00 from its previous closing price. On the day, 0.62 million shares were traded. NBR stock price reached its highest trading level at $28.09 during the session, while it also had its lowest trading level at $26.2.
Ratios:
For a deeper understanding of Nabors Industries Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 7.84 whereas as Long-Term Debt/Eq ratio is at 7.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on September 13, 2024, Downgraded its rating to Neutral and sets its target price to $75 from $110 previously.
Morgan Stanley Upgraded its Equal-Weight to Overweight on October 17, 2023, whereas the target price for the stock was revised from $160 to $175.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NBR now has a Market Capitalization of 390124768 and an Enterprise Value of 3664523520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 1.251 whereas that against EBITDA is 4.228.
Stock Price History:
The Beta on a monthly basis for NBR is 1.95, which has changed by -0.61853325 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, NBR has reached a high of $105.96, while it has fallen to a 52-week low of $25.11. The 50-Day Moving Average of the stock is -27.58%, while the 200-Day Moving Average is calculated to be -57.17%.
Shares Statistics:
For the past three months, NBR has traded an average of 453.64K shares per day and 356920 over the past ten days. A total of 9.54M shares are outstanding, with a floating share count of 8.96M. Insiders hold about 6.06% of the company’s shares, while institutions hold 114.40% stake in the company. Shares short for NBR as of 1744675200 were 1536709 with a Short Ratio of 3.39, compared to 1741910400 on 1398046. Therefore, it implies a Short% of Shares Outstanding of 1536709 and a Short% of Float of 12.91.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 3.99.
