Borr Drilling Ltd (NYSE: BORR) is -56.15% lower on its value in year-to-date trading and has touched a low of $1.62 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 $1.63 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $1.71, the stock is -7.49% and -19.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.07 million and changing 4.91% at the moment leaves the stock -57.64% off its SMA200. BORR registered -67.49% loss for a year compared to 6-month loss of -59.19%.
The stock witnessed a 0.00% gain in the last 1 month and extending the period to 3 months gives it a -51.14%, and is -5.52% 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 7.67% over the week and 9.22% over the month.
Borr Drilling Ltd (BORR) has around 2719 employees, a market worth around $409.21M and $1.01B in sales. Current P/E ratio is 5.77 and Fwd P/E is 12.23. Profit margin for the company is 8.12%. Distance from 52-week low is 5.56% and -76.45% from its 52-week high. The company has generated returns on investments over the last 12 months (2.75%).
with sales reaching $228.26M over the same period.The EPS is expected to shrink by -31.11% this year, but quarterly earnings will post 1.45% year-over-year. Quarterly sales are estimated to shrink -2.45% in year-over-year returns.
Borr Drilling Ltd (BORR) Top Institutional Holders
The shares outstanding are 244.93M, and float is at 222.73M with Short Float at 9.11%.
The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 17.6 million shares valued at $113.37 million. The investor’s holdings represent 7.0085% of the BORR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.62 million shares valued at $87.86 million to account for 5.4226 of the shares outstanding. The other top investors are FOLKETRYGDFONDET which holds 12.59 million shares representing 5.0128% and valued at over $81.22 million, while FIL LTD holds 4.1747 of the shares totaling 10.49 million with a market value of $67.64 million.
Borr Drilling Ltd (BORR) Insider Activity
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