On Monday, Transocean Ltd (NYSE: RIG) was -3.37% drop from the session before settling in for the closing price of $3.86. A 52-week range for RIG has been $3.83 – $6.88.
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Annual sales at Energy sector company slipped by -0.59% over the past five years. When this article was written, the company’s average yearly earnings per share was at 92.15%. With a float of $731.08 million, this company’s outstanding shares have now reached $875.80 million.
Let’s look at the performance matrix of the company that is accounted for 5800 employees. In terms of profitability, gross margin is 28.49%, operating margin of 6.73%, and the pretax margin is -20.16%.
Transocean Ltd (RIG) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Transocean Ltd stocks. The insider ownership of Transocean Ltd is 16.52%, while institutional ownership is 70.01%. The most recent insider transaction that took place on Dec 12 ’24, was worth 86,900. In this transaction EVP, Chief Commercial Officer of this company sold 22,000 shares at a rate of $3.95, taking the stock ownership to the 251,596 shares. Before that another transaction happened on Dec 12 ’24, when Company’s Officer proposed sale 88,000 for $4.09, making the entire transaction worth $359,920.
Transocean Ltd (RIG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 92.15% per share during the next fiscal year.
Transocean Ltd (NYSE: RIG) Trading Performance Indicators
You can see what Transocean Ltd (RIG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.16 in one year’s time.
Technical Analysis of Transocean Ltd (RIG)
Transocean Ltd (NYSE: RIG) saw its 5-day average volume 23.33 million, a positive change from its year-to-date volume of 18.62 million. As of the previous 9 days, the stock’s Stochastic %D was 4.80%. Additionally, its Average True Range was 0.18.
During the past 100 days, Transocean Ltd’s (RIG) raw stochastic average was set at 1.32%, which indicates a significant decrease from 4.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.83% in the past 14 days, which was lower than the 49.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.24, while its 200-day Moving Average is $5.09. Nevertheless, the first resistance level for the watch stands at $3.83 in the near term. At $3.92, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.99. If the price goes on to break the first support level at $3.67, it is likely to go to the next support level at $3.60. Assuming the price breaks the second support level, the third support level stands at $3.51.
Transocean Ltd (NYSE: RIG) Key Stats
There are 875,804K outstanding shares of the company, which has a market capitalization of 3.20 billion. As of now, sales total 2,832 M while income totals -954,000 K. Its latest quarter income was 948,000 K while its last quarter net income were -494,000 K.
