A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Borr Drilling Ltd’s current trading price is -50.83% away from its 52-week high, while its distance from the 52-week low is 10.87%. The stock’s price range for this time frame has been between $3.22 and $7.26. The trading volume of the company’s shares in the Energy reached around 3.8 million for the day, which was evidently lower than the average daily volume of 4.81 million over the last three months.
Borr Drilling Ltd’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $7.26 on 05/28/24, and the lowest price during that time was $3.22, recorded on 01/28/25.
How Financial Performance Impacts Market Capitalization
Borr Drilling Ltd (BORR) has experienced a quarterly decline of -12.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 879.75M and boasts a workforce of 2869 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.29, with a change in price of -1.66. Similarly, Borr Drilling Ltd recorded 3,872,001 in trading volume during the last 100 days, posting a change of -31.74%.
How BORR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for BORR stands at 2.02. Similarly, the long-term debt-to-equity ratio is also 1.91.
BORR Stock Stochastic Average
Borr Drilling Ltd’s raw stochastic average for the past 50 days is currently at 34.83%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 39.33%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 27.71% and 23.39%, respectively.
BORR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a loss of -8.46%.However, over the last six months, we can see a stronger performance of -37.04%. Over the last 30 days, the price of BORR has leaped by -11.63%. And in the last five days, it has surged by 5.00%.
