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Valaris Ltd (NYSE: VAL) closed the day trading at $47.69 up 1.04% from the previous closing price of $47.20. In other words, the price has increased by $1.04 from its previous closing price. On the day, 3.68 million shares were traded. VAL stock price reached its highest trading level at $47.96 during the session, while it also had its lowest trading level at $46.91.
Ratios:
For a better understanding of VAL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.54.
On September 24, 2024, Susquehanna started tracking the stock assigning a Neutral rating and target price of $62.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 05 ’24 when Weber Christopher T sold 4,000 shares for $49.50 per share. The transaction valued at 198,000 led to the insider holds 52,236 shares of the business.
Weber Christopher T bought 4,000 shares of VAL for $197,869 on Nov 05 ’24. On Sep 30 ’24, another insider, Lyne Matthew, who serves as the SVP – CCO of the company, sold 26,000 shares for $55.77 each. As a result, the insider received 1,449,994 and left with 24,388 shares of the company.
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 3391636480 and an Enterprise Value of 4193036288. As of this moment, Valaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.28, and their Forward P/E ratio for the next fiscal year is 8.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 1.854 whereas that against EBITDA is 10.402.
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 $46.03. The 50-Day Moving Average of the stock is -8.43%, while the 200-Day Moving Average is calculated to be -27.05%.
Shares Statistics:
Over the past 3-months, VAL traded about 1.39M shares per day on average, while over the past 10 days, VAL traded about 1683110 shares per day. A total of 72.40M shares are outstanding, with a floating share count of 64.71M. Insiders hold about 9.01% of the company’s shares, while institutions hold 97.14% stake in the company. Shares short for VAL as of 1730332800 were 8769989 with a Short Ratio of 6.30, compared to 1727654400 on 8923678. Therefore, it implies a Short% of Shares Outstanding of 8769989 and a Short% of Float of 13.77.
