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The price of Valaris Ltd (NYSE: VAL) closed at $56.53 in the last session, down -1.58% from day before closing price of $57.44. In other words, the price has decreased by -$1.58 from its previous closing price. On the day, 1.47 million shares were traded. VAL stock price reached its highest trading level at $58.675 during the session, while it also had its lowest trading level at $56.45.
Ratios:
We take a closer look at VAL’s different ratios to gain a better understanding of the stock. 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 4178799360 and an Enterprise Value of 4943900672. As of this moment, Valaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.08, and their Forward P/E ratio for the next fiscal year is 6.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 1.88. Its current Enterprise Value per Revenue stands at 2.384 whereas that against EBITDA is 16.92.
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 $57.16. The 50-Day Moving Average of the stock is -19.29%, while the 200-Day Moving Average is calculated to be -18.56%.
Shares Statistics:
According to the various share statistics, VAL traded on average about 1.10M shares per day over the past 3-months and 994770 shares per day over the past 10 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 99.54% stake in the company. Shares short for VAL as of 1723680000 were 8131132 with a Short Ratio of 7.39, compared to 1721001600 on 8176569. Therefore, it implies a Short% of Shares Outstanding of 8131132 and a Short% of Float of 12.45.
