In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Borr Drilling Ltd (NYSE: BORR) closed the day trading at $3.47 down -0.86% from the previous closing price of $3.50. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 4.84 million shares were traded. BORR stock price reached its highest trading level at $3.63 during the session, while it also had its lowest trading level at $3.45.
Ratios:
For a better understanding of BORR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 2.02 whereas as Long-Term Debt/Eq ratio is at 1.91.
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 855112128 and an Enterprise Value of 2685778432. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.48, and their Forward P/E ratio for the next fiscal year is 4.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 2.774 whereas that against EBITDA is 5.602.
Stock Price History:
The Beta on a monthly basis for BORR is 2.86, which has changed by -0.48744458 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, BORR has reached a high of $7.42, while it has fallen to a 52-week low of $3.29. The 50-Day Moving Average of the stock is -9.37%, while the 200-Day Moving Average is calculated to be -35.42%.
Shares Statistics:
Over the past 3-months, BORR traded about 4.32M shares per day on average, while over the past 10 days, BORR traded about 4806330 shares per day. A total of 251.18M shares are outstanding, with a floating share count of 229.74M. Insiders hold about 8.53% of the company’s shares, while institutions hold 78.96% stake in the company. Shares short for BORR as of 1735603200 were 24141066 with a Short Ratio of 5.59, compared to 1732838400 on 14487453. Therefore, it implies a Short% of Shares Outstanding of 24141066 and a Short% of Float of 13.36.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.014285714The current Payout Ratio is 110.50% for BORR, which recently paid a dividend on 2024-08-21 with an ex-dividend date of 1732838400. Stock splits for the company last occurred on 2021-12-14 when the company split stock in a 1:2 ratio.
