Borr Drilling Ltd (BORR): Investing In A Time Of Crisis

Borr Drilling Ltd (NYSE:BORR) currently has a daily average trading volume of 1.75M but it saw 3049898 shares traded in last market. With a market cap of 1.51B USD, the company’s current market price of $6.01 came falling about -7.11 while comparing to the previous closing price of $6.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.51 and as low as $5.03. In the recent trading on the day, stock has struck highest price mark of $5.78 while lowest mark touched by it was $6.135.

Taking a look at 20-day trading activity of Borr Drilling Ltd (BORR) gives us an average price of $6.20, while its current price level is -20.01% below from 52-week high level whereas it is 19.47% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.38 while that of 200 days or SMA-200 reads an average of $6.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.61% during that period while stretching the period over a month that increases to 3.81%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.01 which implies that the stock is in neutral territory.

Over the week, BORR’s stock price is moving 0.50% up while it is -7.42% when we observe its performance for the past one month. Year-to-date it is -15.18% down and over the past year, the stock is showing a downside performance of -10.82%.

Currently, Borr Drilling Ltd’s total number of outstanding shares is 252.58M. Company’s return on investment (ROI) stands at 2.72% and return on equity (ROE) at 7.85%. It has a price to earnings ratio (P/E ratio) of 22.65 while having a 6.35 of forward P/E ratio. Stock’s beta reads 3.01. Stock has a price to book (P/B) ratio of 1.51 while price to sale or P/S ratio amounts to 1.64. Its return on asset (ROA) is 2.42% on average.