As on Thursday, Transocean Ltd (NYSE: RIG) got off with the flyer as it spiked 0.42% to $4.74, before settling in for the price of $4.72 at the close. Taking a more long-term approach, RIG posted a 52-week range of $4.45-$8.88.
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It was noted that the giant of the Energy sector posted annual sales growth of -0.59% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 21.86%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 90.81%. This publicly-traded company’s shares outstanding now amounts to $809.03 million, simultaneously with a float of $727.60 million. The organization now has a market capitalization sitting at $4.15 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.22, while the 200-day Moving Average is $5.64.
Transocean Ltd (RIG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Drilling industry. Transocean Ltd’s current insider ownership accounts for 16.89%, in contrast to 73.34% institutional ownership. According to the most recent insider trade that took place on Aug 02 ’24, this organization’s Director bought 2,000,000 shares at the rate of 5.23, making the entire transaction reach 10,460,000 in total value, affecting insider ownership by 89,574,894. Preceding that transaction, on Aug 02 ’24, Company’s Director bought 2,000,000 for 5.23, making the whole transaction’s value amount to 10,460,000. This particular insider is now the holder of 89,574,894 in total.
Transocean Ltd (RIG) Earnings and Revenue Records
Transocean Ltd’s EPS increase for this current 12-month fiscal period is 90.81% and is forecasted to reach 0.36 in the upcoming year.
Transocean Ltd (NYSE: RIG) Trading Performance Indicators
Let’s observe the current performance indicators for Transocean Ltd (RIG). It’s Quick Ratio in the last reported quarter now stands at 1.08. The Stock has managed to achieve an average true range (ATR) of 0.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.35.
In the same vein, RIG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.46, a figure that is expected to reach -0.03 in the next quarter, and analysts are predicting that it will be 0.36 at the market close of one year from today.
Technical Analysis of Transocean Ltd (RIG)
Through scrutinizing the latest numbers posted by the [Transocean Ltd, RIG], it can be observed that its last 5-days Average volume of 15.03 million was lower the volume of 17.89 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 15.39% While, its Average True Range was 0.20.
Raw Stochastic average of Transocean Ltd (RIG) in the period of the previous 100 days is set at 1.55%, which indicates a major fall in contrast to 5.04% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 41.02% that was lower than 49.35% volatility it exhibited in the past 100-days period.
