Valaris Ltd [VAL] Is Currently 3.71 below its 200 Period Moving Avg: What Does This Mean?

Valaris Ltd [NYSE: VAL] closed the trading session at $50.60.

The stocks have a year to date performance of -26.21 percent and weekly performance of 0.28 percent. The stock has been moved at -22.21 percent over the last six months. The stock has performed -8.18 percent around the most recent 30 days and changed -25.34 percent over the most recent 3-months.

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If compared to the average trading volume of 1.25M shares, VAL reached to a volume of 4224033 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Valaris Ltd [VAL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VAL shares is $78.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VAL stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Benchmark Company have made an estimate for Valaris Ltd shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 15, 2024. While these analysts kept the previous recommendation, Susquehanna raised their target price to Neutral. The new note on the price target was released on September 24, 2024, representing the official price target for Valaris Ltd stock.

The Average True Range (ATR) for Valaris Ltd is set at 1.92, with the Price to Sales ratio for VAL stock in the period of the last 12 months amounting to 1.77. The Price to Book ratio for the last quarter was 1.68, with the Price to Cash per share for the same quarter was set at 5.64.

VAL stock trade performance evaluation

Valaris Ltd [VAL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.28. With this latest performance, VAL shares dropped by -8.18% in over the last four-week period, additionally sinking by -22.21% over the last 6 months – not to mention a drop of -23.38% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VAL stock in for the last two-week period is set at 43.41, with the RSI for the last a single of trading hit 47.24, and the three-weeks RSI is set at 41.43 for Valaris Ltd [VAL]. The present Moving Average for the last 50 days of trading for this stock 54.82, while it was recorded at 49.67 for the last single week of trading, and 66.55 for the last 200 days.

Valaris Ltd [VAL]: An insightful look at the core fundamentals

Valaris Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.62 and a Current Ratio set at 1.62.

Valaris Ltd [VAL]: Institutional Ownership

There are presently around $100.19%, or 110.01%% of VAL stock, in the hands of institutional investors. The top three institutional holders of VAL stocks are: BLACKROCK INC. with ownership of 7.41 million shares, which is approximately 10.2386%. VANGUARD GROUP INC, holding 6.36 million shares of the stock with an approximate value of $$473.97 million in VAL stocks shares; and VANGUARD GROUP INC, currently with $$433.39 million in VAL stock with ownership which is approximately 8.0349%.