The market performance of Borr Drilling Ltd’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $7.33 on 10/17/23, while the lowest value for the same duration was $5.03 on 09/10/24.
52-week price history of BORR Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Borr Drilling Ltd’s current trading price is -30.32% away from its 52-week high, while its distance from the 52-week low is 1.48%. The stock’s price range during the 52-week period has remained between $5.03 and $7.33. In the Energy sector, the company’s shares saw a trading volume of around 1.63 million for the day, which was evidently lower than the average daily volume of 1.82 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Borr Drilling Ltd (BORR) has experienced a quarterly decline of -25.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.28B and boasts a workforce of 2869 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.13, with a change in price of -0.74. Similarly, Borr Drilling Ltd recorded 1,856,503 in trading volume during the last 100 days, posting a change of -12.61%.
Examining BORR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for BORR stands at 1.85. Similarly, the long-term debt-to-equity ratio is also 1.75.
BORR Stock Stochastic Average
Borr Drilling Ltd’s raw stochastic average for the past 50 days is presently 0.58%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 0.69%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.01% and 15.63%, respectively.
BORR Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -27.95%. However, over the past six months, we’ve seen a stronger performance of -6.62%. The price of BORR leaped by -8.68% over the last 30 days. And in the last five days, it has fallen by -3.86%.
