BORR DRILLING Stock Bullish Momentum With A 34% Jump In The Last 21 Sessions

(VIANEWS) – Shares of BORR DRILLING (Oslo Børs Benchmark Index_GI: BORR.OL) rose by a staggering 34.5% in 21 sessions from kr58.66 to kr78.90 at 19:24 EST on Tuesday, after five successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is dropping 0.8% to kr1,245.34, following the last session’s downward trend.

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 1.67%, 1.45%, and 2.80%.

BORR DRILLING’s highest amplitude of average volatility was 1.67% (last week), 2.51% (last month), and 2.80% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, BORR DRILLING’s stock is considered to be oversold (<=20).

More news about BORR DRILLING (BORR.OL).

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