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The price of Valaris Ltd (NYSE: VAL) closed at $77.31 in the last session, down -1.90% from day before closing price of $78.81. In other words, the price has decreased by -$1.90 from its previous closing price. On the day, 0.71 million shares were traded. VAL stock price reached its highest trading level at $79.43 during the session, while it also had its lowest trading level at $77.12.
Ratios:
We take a closer look at VAL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.56.
On November 28, 2023, CapitalOne started tracking the stock assigning a Overweight rating and target price of $100.
Barclays Upgraded its Equal Weight to Overweight on November 09, 2023, whereas the target price for the stock was revised from $84 to $106.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 09 ’23 when Grable Colleen sold 5,034 shares for $75.00 per share. The transaction valued at 377,550 led to the insider holds 15,074 shares of the business.
OAK HILL ADVISORS LP sold 4,200,000 shares of VAL for $307,020,000 on Aug 07 ’23. The 10% Owner now owns 4,766,016 shares after completing the transaction at $73.10 per share.
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 5598078976 and an Enterprise Value of 6272780288. As of this moment, Valaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.77, and their Forward P/E ratio for the next fiscal year is 7.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 2.77. Its current Enterprise Value per Revenue stands at 3.338 whereas that against EBITDA is 37.338.
Stock Price History:
The Beta on a monthly basis for VAL is 1.21, which has changed by 0.04472971 over the last 52 weeks, in comparison to a change of 0.22226071 over the same period for the S&P500. Over the past 52 weeks, VAL has reached a high of $80.77, while it has fallen to a 52-week low of $60.06. The 50-Day Moving Average of the stock is 4.03%, while the 200-Day Moving Average is calculated to be 10.87%.
Shares Statistics:
According to the various share statistics, VAL traded on average about 966.03K shares per day over the past 3-months and 977303 shares per day over the past 10 days. A total of 72.40M shares are outstanding, with a floating share count of 66.27M. Insiders hold about 8.48% of the company’s shares, while institutions hold 89.33% stake in the company. Shares short for VAL as of 1719532800 were 7836168 with a Short Ratio of 8.11, compared to 1717113600 on 4943449. Therefore, it implies a Short% of Shares Outstanding of 7836168 and a Short% of Float of 12.060001.
