Borr Drilling Ltd (NYSE: BORR) is -22.09% lower on its value in year-to-date trading and has touched a low of $5.03 and a high of $7.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BORR stock was last observed hovering at around $5.73 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $5.52, the stock is -2.31% and -8.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -3.66% at the moment leaves the stock -10.24% off its SMA200. BORR registered -17.62% loss for a year compared to 6-month gain of -12.52%. The firm has a 50-day simple moving average (SMA 50) of $6.0792 and a 200-day simple moving average (SMA200) of $6.2999.
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The stock witnessed a -15.60% loss in the last 1 month and extending the period to 3 months gives it a -10.63%, and is -0.90% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.51% over the week and 3.50% over the month.
Borr Drilling Ltd (BORR) has around 2869 employees, a market worth around $1.38B and $918.00M in sales. Current P/E ratio is 20.81 and Fwd P/E is 5.88. Profit margin for the company is 8.15%. Distance from 52-week low is 9.73% and -24.65% from its 52-week high. The company has generated returns on investments over the last 12 months (2.72%).
The EPS is expected to grow by 480.00% this year
The shares outstanding are 252.58M, and float is at 226.57M with Short Float at 3.61%.