In the last trading session, 1.52 million Borr Drilling Ltd (NYSE:BORR) shares changed hands as the company’s beta touched 2.96. With the company’s per share price at $5.88 changed hands at $0.24 or 4.26% during last session, the market valuation stood at $1.49B. BORR’s last price was a discount, traded about -50.85% off its 52-week high of $8.87. The share price had its 52-week low at $5.55, which suggests the last value was 5.61% up since then. When we look at Borr Drilling Ltd’s average trading volume, we note the 10-day average is N/A shares, with the 3-month average coming to 2.13 million.
Borr Drilling Ltd (NYSE:BORR) trade information
Instantly BORR was in green as seen at the end of in last trading. With action -0.17%, the performance over the past five days has been red. The jump to weekly highs of 6.00 on N/A, N/A added 4.26% to the stock’s daily price. The company’s shares are showing year-to-date downside of -18.89%, with the 5-day performance at -0.17% in the red. However, in the 30-day time frame, Borr Drilling Ltd (NYSE:BORR) is -14.16% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.
Borr Drilling Ltd (BORR) estimates and forecasts
Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Borr Drilling Ltd will rise 600.00%, while the growth in revenue is estimated to hit — for the next quarter. Year-over-year growth is forecast to reach 22.10% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of $239 million. 2 analysts are of the opinion that Borr Drilling Ltd’s revenue for the quarter ending Jun 2024 will be $242.5 million. The company’s revenue for the corresponding quarters a year ago was -$ and $187.5 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at –. The estimates for the next quarter sales put growth at 29.30%. The 2024 estimates are for Borr Drilling Ltd earnings to increase by 644.35%.
BORR Dividends
Borr Drilling Ltd is expected to release its next quarterly earnings report in May. The 0.00% annual yield figure for the share gives it an annual dividend of 0.00. It is important to note, however, that the 0.00% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
