Shares of Valaris Limited (NYSE:VAL) traded at a new 12-month high today of $50.90. Approximately 101,000 shares have changed hands today, as compared to an average 30-day volume of 701,000 shares.
Over the past year, Valaris Limited has traded in a range of $20.25 to $50.90 and is now at $50.33, 149% above that low.
Valaris Limited defies analysts with a current price ($50.33) 4.6% above its average consensus price target of $48.00.
Valaris Limited 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.
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