NYSE:VALEnergy Services
Is It Too Late To Consider Valaris (VAL) After Its Near 100% One-Year Rally?
If you are wondering whether Valaris is still reasonably priced after its recent run, this article walks through what the current share price might be implying about the company’s underlying value.
The stock closed at US$88.96, with returns of 11.5% over 7 days, 64.8% over 30 days, 70.6% year to date and 98.6% over the past year. This has put valuation questions front and center for many investors.
Recent coverage has focused on Valaris as an offshore drilling contractor and how sentiment...