Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Seadrill Ltd (NYSE: SDRL) closed at $22.97 in the last session, up 2.23% from day before closing price of $22.47. In other words, the price has increased by $2.23 from its previous closing price. On the day, 1.02 million shares were traded.
Ratios:
We take a closer look at SDRL’s different ratios to gain a better understanding of the stock. 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:
As of this moment, Seadrill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.60, and their Forward P/E ratio for the next fiscal year is 7.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 0.49.
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 $17.74. The 50-Day Moving Average of the stock is 0.16%, while the 200-Day Moving Average is calculated to be -35.55%.
Shares Statistics:
A total of 68.83M shares are outstanding, with a floating share count of 65.44M. Insiders hold about 4.93% of the company’s shares, while institutions hold 96.20% stake in the company.
