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.
As of close of business last night, Seadrill Ltd’s stock clocked out at $19.24, down -13.72% from its previous closing price of $22.30. In other words, the price has decreased by -$13.72 from its previous closing price. On the day, 3.63 million shares were traded. SDRL stock price reached its highest trading level at $21.38 during the session, while it also had its lowest trading level at $18.6.
Ratios:
To gain a deeper understanding of SDRL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 1.69. 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 1196016128 and an Enterprise Value of 1339016704. As of this moment, Seadrill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.02, and their Forward P/E ratio for the next fiscal year is 4.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 1.018 whereas that against EBITDA is 3.619.
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 $21.60. The 50-Day Moving Average of the stock is -32.26%, while the 200-Day Moving Average is calculated to be -50.50%.
Shares Statistics:
It appears that SDRL traded 991.22K shares on average per day over the past three months and 1177310 shares per day over the past ten days. A total of 68.83M shares are outstanding, with a floating share count of 65.49M. Insiders hold about 4.86% of the company’s shares, while institutions hold 94.98% stake in the company. Shares short for SDRL as of 1741910400 were 5291989 with a Short Ratio of 5.34, compared to 1739491200 on 4265363. Therefore, it implies a Short% of Shares Outstanding of 5291989 and a Short% of Float of 8.51.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
