Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Seadrill Ltd (NYSE: SDRL) closed the day trading at $32.68 down -0.58% from the previous closing price of $32.87. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 1.74 million shares were traded. SDRL stock price reached its highest trading level at $33.82 during the session, while it also had its lowest trading level at $32.4.
Ratios:
For a better understanding of SDRL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.51. For the most recent quarter (mrq), Quick Ratio is recorded 2.53 and its Current Ratio is at 2.53. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SDRL now has a Market Capitalization of 2112935168 and an Enterprise Value of 2178204160. As of this moment, Seadrill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.49 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 1.496 whereas that against EBITDA is 4.95.
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 $32.73. The 50-Day Moving Average of the stock is -12.95%, while the 200-Day Moving Average is calculated to be -24.84%.
Shares Statistics:
Over the past 3-months, SDRL traded about 801.29K shares per day on average, while over the past 10 days, SDRL traded about 786680 shares per day. A total of 68.83M shares are outstanding, with a floating share count of 65.12M. Insiders hold about 5.39% of the company’s shares, while institutions hold 87.88% stake in the company. Shares short for SDRL as of 1736899200 were 5113305 with a Short Ratio of 6.38, compared to 1734048000 on 5034074. Therefore, it implies a Short% of Shares Outstanding of 5113305 and a Short% of Float of 7.91.