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After finishing at $62.91 in the prior trading day, Valaris Ltd (NYSE: VAL) closed at $63.05, up 0.22%. In other words, the price has increased by $0.22 from its previous closing price. On the day, 0.56 million shares were traded. VAL stock price reached its highest trading level at $63.92 during the session, while it also had its lowest trading level at $62.89.
Ratios:
Our goal is to gain a better understanding of VAL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.52.
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.
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 4586931712 and an Enterprise Value of 5352032256. As of this moment, Valaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.55, and their Forward P/E ratio for the next fiscal year is 6.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 2.581 whereas that against EBITDA is 18.316.
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 $60.06. The 50-Day Moving Average of the stock is -13.37%, while the 200-Day Moving Average is calculated to be -9.65%.
Shares Statistics:
The stock has traded on average 1.06M shares per day over the past 3-months and 974840 shares per day over the last 10 days, according to various share statistics. A total of 72.40M shares are outstanding, with a floating share count of 66.68M. Insiders hold about 8.34% of the company’s shares, while institutions hold 99.66% stake in the company. Shares short for VAL as of 1722384000 were 7638588 with a Short Ratio of 7.22, compared to 1719532800 on 7836168. Therefore, it implies a Short% of Shares Outstanding of 7638588 and a Short% of Float of 11.700000000000001.
