Shares of Borr Drilling Limited (NASDAQ:BORR) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $5.15 and last traded at $5.17, with a volume of 20991 shares traded. The stock had previously closed at $6.18.

Borr Drilling Company Profile (NASDAQ:BORR)

Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. As of December 31, 2018, the company operated a fleet of 27 jack-up drilling rigs. It provides drilling services to the oil and gas exploration and production industry. The company was formerly known as Magni Drilling Limited.

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