Quarterly Metrics: Quick and Current Ratios for Valaris Ltd (VAL)

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As of close of business last night, Valaris Ltd’s stock clocked out at $54.42, down -0.07% from its previous closing price of $54.46. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 1.53 million shares were traded. VAL stock price reached its highest trading level at $55.12 during the session, while it also had its lowest trading level at $53.075.

Ratios:

To gain a deeper understanding of VAL’s stock, we examine 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.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 09 ’24 when Vukadin Davor sold 15,403 shares for $56.64 per share. The transaction valued at 872,426 led to the insider holds 13,334 shares of the business.

Luca Gilles sold 30,000 shares of VAL for $1,705,800 on Sep 09 ’24. The SVP – COO now owns 108,342 shares after completing the transaction at $56.86 per share. On Sep 09 ’24, another insider, Luca Gilles, who serves as the Officer of the company, bought 30,000 shares for $55.00 each.

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 3959093248 and an Enterprise Value of 4724193280. As of this moment, Valaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.93, and their Forward P/E ratio for the next fiscal year is 6.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 2.278 whereas that against EBITDA is 16.168.

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 $53.10. The 50-Day Moving Average of the stock is -19.95%, while the 200-Day Moving Average is calculated to be -21.20%.

Shares Statistics:

It appears that VAL traded 1.15M shares on average per day over the past three months and 1435680 shares per day over the past ten days. A total of 72.40M shares are outstanding, with a floating share count of 66.28M. Insiders hold about 8.90% of the company’s shares, while institutions hold 99.94% stake in the company. Shares short for VAL as of 1724976000 were 8850439 with a Short Ratio of 7.68, compared to 1722384000 on 7638588. Therefore, it implies a Short% of Shares Outstanding of 8850439 and a Short% of Float of 13.55.

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