BORR DRILLING Stock Bearish By 9% So Far On Wednesday

(VIANEWS) – Shares of BORR DRILLING (Oslo Børs Benchmark Index_GI: BORR.OL) dropped 9.55% to kr68.92 at 13:27 EST on Wednesday, after three successive sessions in a row of losses. Oslo Børs Benchmark Index_GI is sliding 2.97% to kr1,169.59, after five sequential sessions in a row of losses. This seems, up until now, an all-around negative trend trading session today.

About BORR DRILLING

Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. The company serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. As of December 31, 2021, it operated a fleet of 23 jack-up drilling rigs. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.

Earnings Per Share

As for profitability, BORR DRILLING has a trailing twelve months EPS of kr-17.51.

Volatility

BORR DRILLING’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.07%, a positive 0.59%, and a positive 2.75%.

BORR DRILLING’s highest amplitude of average volatility was 2.07% (last week), 2.08% (last month), and 2.75% (last quarter).

Volume

Today’s last reported volume for BORR DRILLING is 806032 which is 29.45% below its average volume of 1142500.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, BORR DRILLING’s stock is considered to be overbought (>=80).

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