Shares of Valaris Limited (VAL) Exceed 52-Week High

IBN Spotlights
Friday, September 24, 2021 at 3:51pm UTC

Shares of Valaris Limited (NYSE:VAL) traded today at $34.34, eclipsing its 52-week high. So far today approximately 187,000 shares have been exchanged, as compared to an average 30-day volume of 595,000 shares.

Valaris Ltd is the industry leader in offshore drilling services across all water depths and geographies. It is a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups.

Based on a current price of $34.00, Valaris Limited is currently 12.3% above its average consensus analyst price target of $29.82.

Valaris Limited share prices have moved between a 52-week high of $34.34 and a 52-week low of $20.25 and are now trading 68% above that low price at $34.00 per share.

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