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The Stars are Aligning for Holders of Borr Drilling Limited (BORR)

For the readers interested in the stock health of Borr Drilling Limited (BORR). It is currently valued at $5.48. When the transactions were called off in the previous session, Stock hit the highs of $5.86, after setting-off with the price of $5.86. Company’s stock value dipped to $5.6006 during the trading on the day. When the trading was stopped its value was $5.69.Recently in News on January 24, 2023, Borr Drilling Limited – Updated 2022 and 2023 guidance. Borr Drilling Limited (the “Company”) (NYSE: BORR) (OSE: BORR) is pleased to announce updates to its preliminary Revenue and EBITDA guidance for 2022 and 2023. You can read further details here

Borr Drilling Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.15 on 01/18/23, with the lowest value was $4.51 for the same time period, recorded on 01/04/23.

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Borr Drilling Limited (BORR) full year performance was 173.56%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Borr Drilling Limited shares are logging -21.26% during the 52-week period from high price, and 198.57% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.84 and $6.96.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1747045 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Borr Drilling Limited (BORR) recorded performance in the market was 14.49%, having the revenues showcasing 46.27% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.30B, as it employees total of 517 workers.

The Analysts eye on Borr Drilling Limited (BORR)

During the last month, 0 analysts gave the Borr Drilling Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.49, with a change in the price was noted +1.49. In a similar fashion, Borr Drilling Limited posted a movement of +37.08% for the period of last 100 days, recording 1,379,643 in trading volumes.

Technical rundown of Borr Drilling Limited (BORR)

Raw Stochastic average of Borr Drilling Limited in the period of last 50 days is set at 69.27%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 60.06%. In the last 20 days, the company’s Stochastic %K was 71.62% and its Stochastic %D was recorded 78.67%.

Considering, the past performance of Borr Drilling Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 14.49%. Additionally, trading for the stock in the period of the last six months notably improved by 81.79%, alongside a boost of 173.56% for the period of the last 12 months. The shares increased approximately by -5.17% in the 7-day charts and went down by 21.06% in the period of the last 30 days. Common stock shares were driven by 46.27% during last recorded quarter.

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