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Borr Drilling Ltd: Analyzing BORR Stock Trends

Borr Drilling Ltd’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $8.87 on 08/04/23, and the lowest price during the same period was recorded at $5.61 on 02/05/24.

52-week price history of BORR Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Borr Drilling Ltd’s current trading price is -31.38% away from its 52-week high, while its distance from the 52-week low is 8.47%. The stock’s price range for this period has remained between $5.61 and $8.87. The Energy sector company’s shares managed to surpass a trading volume of around 6.91 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.82 million over the last three months.

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Financial Performance and Market Capitalization

Borr Drilling Ltd (BORR) has experienced a quarterly decline of -15.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.54B and boasts a workforce of 2869 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 6.52, with a change in price of -0.33. Similarly, Borr Drilling Ltd recorded 1,844,696 in trading volume during the last 100 days, posting a change of -5.14%.

BORR Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BORR stands at 1.73. Similarly, the long-term debt-to-equity ratio is also 1.65.

BORR Stock Stochastic Average

As of today, the raw stochastic average of Borr Drilling Ltd over the past 50 days is 22.67%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 15.18%. Additionally, the Stochastic %K and %D values for the company were 60.43% and 69.81%, respectively, over the past 20 days.

BORR Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -15.99%. However, over the last six months, the performance has been stronger by -14.72%. The price of BORR increased 2.01% over the last 30 days. And in the last five days, it has fallen by -10.31%.

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