Borr Drilling Ltd (NYSE: BORR) is -43.37% lower on its value in year-to-date trading and has touched a low of $3.76 and a high of $7.55 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 $3.98 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $4.14, the stock is -5.11% and -17.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.02 million and changing 4.02% at the moment leaves the stock -30.13% off its SMA200. BORR registered -33.73% loss for a year compared to 6-month loss of -29.59%. The firm has a 50-day simple moving average (SMA 50) of $5.043 and a 200-day simple moving average (SMA200) of $5.9354.
The stock witnessed a -21.14% gain in the last 1 month and extending the period to 3 months gives it a -33.76%, and is 1.72% up 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 4.45% over the week and 4.06% over the month.
Borr Drilling Ltd (BORR) has around 2869 employees, a market worth around $12.24B and $968.10M in sales. Current P/E ratio is 13.70 and Fwd P/E is 5.45. Profit margin for the company is 8.70%. Distance from 52-week low is 10.11% and -45.19% from its 52-week high. The company has generated returns on investments over the last 12 months (2.93%).
The EPS is expected to grow by 357.08% this year
The shares outstanding are 252.58M, and float is at 234.26M with Short Float at 4.41%.
