In the last trading session, 3.6 million shares of the Borr Drilling Ltd (NYSE:BORR) were traded, and its beta was 2.65. Most recently the company’s share price was $3.26, and it changed around $0.02 or 0.62% from the last close, which brings the market valuation of the company to $803.36M. BORR currently trades at a discount to its 52-week high of $7.26, offering almost -122.7% off that amount. The share price’s 52-week low was $3.21, which indicates that the current value has risen by an impressive 1.53% since then. We note from Borr Drilling Ltd’s average daily trading volume that its 10-day average is 5.11 million shares, with the 3-month average coming to 4.75 million.
Borr Drilling Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.40. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended BORR as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
Borr Drilling Ltd (NYSE:BORR) trade information
Instantly BORR has showed a green trend with a performance of 0.62% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.60 on recent trading dayincreased the stock’s daily price by 9.44%. The company’s shares are currently down -16.41% year-to-date, but still down -6.86% over the last five days. On the other hand, Borr Drilling Ltd (NYSE:BORR) is -17.68% down in the 30-day period. We can see from the shorts that 22.92 million shares have been sold at a short interest cover period of 4.27 day(s).
The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 63.78% from its current value. Analyst projections state that BORR is forecast to be at a low of $9 and a high of $9.
Borr Drilling Ltd (NYSE:BORR)’s Major holders
Smallcap World Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024. The former held 12.02 shares worth $39.17 million, making up 4.55% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 6.54 shares worth around $21.33 million, which represents about 2.48% of the total shares outstanding.
