Putting The Spotlight On Borr Drilling Ltd (BORR)

Borr Drilling Ltd (NYSE:BORR) currently has a daily average trading volume of 1.78M but it saw 3418009 shares traded in last market. With a market cap of 1.40B USD, the company’s current market price of $5.60 came falling about -0.53 while comparing to the previous closing price of $5.63. 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 $5.585 while lowest mark touched by it was $5.78.

Taking a look at 20-day trading activity of Borr Drilling Ltd (BORR) gives us an average price of $6.17, while its current price level is -25.47% below from 52-week high level whereas it is 11.32% 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 $6.35 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 4.15% during that period while stretching the period over a month that decreases to 3.58%. 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 37.77 which implies that the stock is in neutral territory.

Over the week, BORR’s stock price is moving -13.45% down while it is 0.42% when we observe its performance for the past one month. Year-to-date it is -20.96% down and over the past year, the stock is showing a downside performance of -18.87%.

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 21.11 while having a 5.84 of forward P/E ratio. Stock’s beta reads 3.01. Stock has a price to book (P/B) ratio of 1.40 while price to sale or P/S ratio amounts to 1.53. Its return on asset (ROA) is 2.42% on average.