The price of Borr Drilling Ltd (NYSE:BORR) shares last traded on Wall Street rose 4.12% to $1.77.
BORR stock price is now -19.57% away from the 50-day moving average and -57.00% away from the 200-day moving average. The market capitalization of the company currently stands at $423.57M.
With the price target maintained at $9, Evercore ISI recently Upgraded its rating from In-line to Outperform for Borr Drilling Ltd (NYSE: BORR).
A total of 9.62% of the company’s stock is owned by insiders.
During the past 12 months, Borr Drilling Ltd has had a low of $1.62 and a high of $7.26. As of last week, the company has a debt-to-equity ratio of 2.13, a current ratio of 1.16, and a quick ratio of 1.16. According to the stock market information, the enterprise value for the company is $2483720448, which is based on a 5.97 price-to-earnings ratio, a 3.19 price-to-earnings-growth ratio, and a beta of 1.76. The fifty day moving average price for BORR is $2.2008 and a two-hundred day moving average price translates $4.11595 for the stock.
The latest earnings results from Borr Drilling Ltd (NYSE: BORR) was released for 2024-12-31. The net profit margin was 8.12% and return on equity was 8.30% for BORR. The company reported revenue of $263.1 million for the quarter, compared to $220.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.27 percent. For the current quarter, analysts expect BORR to generate $228.17M in revenue.
