Borr Drilling Ltd (NYSE: BORR) is -12.56% lower on its value in year-to-date trading and has touched a low of $3.29 and a high of $7.42 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 $3.63 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $3.41, the stock is -9.69% and -10.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.76 million and changing -6.06% at the moment leaves the stock -36.24% off its SMA200. BORR registered -48.95% loss for a year compared to 6-month loss of -49.18%. The firm has a 50-day simple moving average (SMA 50) of $3.8174 and a 200-day simple moving average (SMA200) of $5.3603.
The stock witnessed a -9.55% gain in the last 1 month and extending the period to 3 months gives it a -34.04%, and is -10.26% 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 6.74% over the week and 5.15% over the month.
Borr Drilling Ltd (BORR) has around 2869 employees, a market worth around $897.41M and $968.10M in sales. Current P/E ratio is 11.28 and Fwd P/E is 5.13. Profit margin for the company is 8.70%. Distance from 52-week low is 3.65% and -54.04% from its 52-week high. The company has generated returns on investments over the last 12 months (2.93%).
with sales reaching $249.35M over the same period.The EPS is expected to grow by 352.83% this year, but quarterly earnings will post 29.31% year-over-year. Quarterly sales are estimated to grow 13.03% in year-over-year returns.
The shares outstanding are 251.18M, and float is at 229.74M with Short Float at 10.51%.
