Market Recap: Seadrill Ltd (SDRL)’s Positive Momentum, Closing at 20.48

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The closing price of Seadrill Ltd (NYSE: SDRL) was $20.48 for the day, up 0.15% from the previous closing price of $20.45. In other words, the price has increased by $0.15 from its previous closing price. On the day, 0.77 million shares were traded.

Ratios:

Our analysis of SDRL’s different ratios will help us gain a deeper understanding of the company. 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 3.21, and their Forward P/E ratio for the next fiscal year is 5.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 26.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 0.44.

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 -16.86%, while the 200-Day Moving Average is calculated to be -44.72%.

Shares Statistics:

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 95.32% stake in the company.

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