Market Momentum: Borr Drilling Ltd (BORR) Registers a -3.12 Decrease, Closing at 5.59

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Borr Drilling Ltd (NYSE: BORR) closed the day trading at $5.59 down -3.12% from the previous closing price of $5.77. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 1.69 million shares were traded. BORR stock price reached its highest trading level at $5.75 during the session, while it also had its lowest trading level at $5.525.

Ratios:

For a better understanding of BORR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 1.73 whereas as Long-Term Debt/Eq ratio is at 1.65.

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 1414884992 and an Enterprise Value of 4429300224. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 78.73, and their Forward P/E ratio for the next fiscal year is 6.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 5.74 whereas that against EBITDA is 12.062.

Stock Price History:

Over the past 52 weeks, BORR has reached a high of $8.87, while it has fallen to a 52-week low of $5.40. The 50-Day Moving Average of the stock is -10.58%, while the 200-Day Moving Average is calculated to be -17.11%.

Shares Statistics:

Over the past 3-months, BORR traded about 2.24M shares per day on average, while over the past 10 days, BORR traded about 2493700 shares per day. A total of 252.58M shares are outstanding, with a floating share count of 227.22M. Insiders hold about 10.04% of the company’s shares, while institutions hold 73.21% stake in the company. Shares short for BORR as of 1711584000 were 7820018 with a Short Ratio of 3.49, compared to 1709164800 on 8921849. Therefore, it implies a Short% of Shares Outstanding of 7820018 and a Short% of Float of 4.17.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.008665511

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