Transocean Ltd (NYSE: RIG) kicked off on Monday, down -2.14% from the previous trading day, before settling in for the closing price of $4.67. Over the past 52 weeks, RIG has traded in a range of $3.85-$8.03.
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It was noted that within the last five years, the titan of the Energy sector saw sales slided by -0.59%. While this was happening, its average annual earnings per share was recorded 87.12%. With a float of $717.05 million, this company’s outstanding shares have now reached $809.03 million.
The extent of productivity of a business whose workforce counts for 5800 workers is very important to gauge. In terms of profitability, gross margin is 22.97%, operating margin of 0.65%, and the pretax margin is -13.19%.
Transocean Ltd (RIG) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Drilling Industry. The insider ownership of Transocean Ltd is 18.09%, while institutional ownership is 69.69%. The most recent insider transaction that took place on Sep 12 ’24, was worth 6,195,000. In this transaction Director of this company bought 1,500,000 shares at a rate of $4.13, taking the stock ownership to the 91,074,894 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Director bought 1,500,000 for $4.13, making the entire transaction worth $6,195,000. This insider now owns 91,074,894 shares in total.
Transocean Ltd (RIG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 87.12% per share during the next fiscal year.
Transocean Ltd (NYSE: RIG) Trading Performance Indicators
Take a look at Transocean Ltd’s (RIG) current performance indicators. Last quarter, stock had a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.46, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.33 in one year’s time.
Technical Analysis of Transocean Ltd (RIG)
The latest stats from [Transocean Ltd, RIG] show that its last 5-days average volume of 22.09 million was superior to 18.56 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 80.94%. Additionally, its Average True Range was 0.21.
During the past 100 days, Transocean Ltd’s (RIG) raw stochastic average was set at 28.46%, which indicates a significant decrease from 69.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.55% in the past 14 days, which was lower than the 52.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.74, while its 200-day Moving Average is $5.40. Now, the first resistance to watch is $4.71. This is followed by the second major resistance level at $4.85. The third major resistance level sits at $4.96. If the price goes on to break the first support level at $4.46, it is likely to go to the next support level at $4.35. Assuming the price breaks the second support level, the third support level stands at $4.21.
Transocean Ltd (NYSE: RIG) Key Stats
The company with the Market Capitalisation of 4.00 billion has total of 940,829K Shares Outstanding. Its annual sales at the moment are 2,832 M in contrast with the sum of -954,000 K annual income. Company’s last quarter sales were recorded 861,000 K and last quarter income was -123,000 K.
