In Wednesday’s Wall Street session, Borr Drilling Ltd (NYSE:BORR) shares traded at $1.89, down -2.58% from the previous session.
BORR stock price is now -1.41% away from the 50-day moving average and -38.02% away from the 200-day moving average. The market capitalization of the company currently stands at $503.17M.
On September 13, 2024, Evercore ISI Upgraded its previous ‘In-line’ rating to ‘Outperform’ on the stock keeping its target price maintained at $9, while ‘BTIG Research’ rates the stock as ‘Buy’
A total of 9.05% of the company’s stock is owned by insiders.
During the past 12 months, Borr Drilling Ltd has had a low of $1.55 and a high of $7.09. As of last week, the company has a debt-to-equity ratio of 2.17, a current ratio of 1.16, and a quick ratio of 1.16. The fifty day moving average price for BORR is $1.9102 and a two-hundred day moving average price translates $3.0865 for the stock.
The latest earnings results from Borr Drilling Ltd (NYSE: BORR) was released for 2025-03-31. The net profit margin was 5.11% and return on equity was 5.17% for BORR. The company reported revenue of $216.6 million for the quarter, compared to $234.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.44 percent.
