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Things appear to be looking up for Borr Drilling Ltd (BORR)

Borr Drilling Ltd (NYSE: BORR) is -40.51% lower on its value in year-to-date trading and has touched a low of $2.51 and a high of $7.26 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 $2.54 in the last trading session, with the day’s loss setting it -0.22%.

Currently trading at $2.32, the stock is -23.97% and -32.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.19 million and changing -8.66% at the moment leaves the stock -53.70% off its SMA200. BORR registered -61.01% loss for a year compared to 6-month loss of -61.40%.

The stock witnessed a -31.96% gain in the last 1 month and extending the period to 3 months gives it a -35.91%, and is -20.00% 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 6.84% over the week and 5.95% over the month.

Borr Drilling Ltd (BORR) has around 2869 employees, a market worth around $571.72M and $968.10M in sales. Current P/E ratio is 7.68 and Fwd P/E is 13.34. Profit margin for the company is 8.70%. Distance from 52-week low is -7.57% and -68.04% from its 52-week high. The company has generated returns on investments over the last 12 months (2.93%).

with sales reaching $231.17M over the same period.The EPS is expected to shrink by -18.18% this year, but quarterly earnings will post 4.72% year-over-year. Quarterly sales are estimated to shrink -1.21% in year-over-year returns.

Borr Drilling Ltd (BORR) Top Institutional Holders

The shares outstanding are 251.18M, and float is at 222.73M with Short Float at 8.19%.

Borr Drilling Ltd (BORR) Insider Activity

A total of 0 insider transactions have happened at Borr Drilling Ltd (BORR) in the last six months, with sales accounting for 0 and purchases happening 0 times.

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