Witnessing the stock’s movement on the chart, on Thursday, Transocean Ltd (NYSE: RIG) had a quiet start as it plunged -1.93% to $3.55, before settling in for the price of $3.62 at the close. Taking a more long-term approach, RIG posted a 52-week range of $3.54-$6.88.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
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 92.15%. This publicly-traded company’s shares outstanding now amounts to $875.80 million, simultaneously with a float of $731.11 million. The organization now has a market capitalization sitting at $3.11 billion. At the time of writing, stock’s 50-day Moving Average stood at $4.19, while the 200-day Moving Average is $5.07.
Transocean Ltd (RIG) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Drilling industry. Transocean Ltd’s current insider ownership accounts for 16.52%, in contrast to 70.01% institutional ownership. According to the most recent insider trade that took place on Dec 12 ’24, this organization’s EVP, Chief Commercial Officer sold 22,000 shares at the rate of 3.95, making the entire transaction reach 86,900 in total value, affecting insider ownership by 251,596.
Transocean Ltd (RIG) Earnings and Revenue Records
Transocean Ltd’s EPS increase for this current 12-month fiscal period is 92.15% and is forecasted to reach 0.16 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 1.34. The Stock has managed to achieve an average true range (ATR) of 0.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.94.
In the same vein, RIG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.76, a figure that is expected to reach 0.00 in the next quarter, and analysts are predicting that it will be 0.16 at the market close of one year from today.
Technical Analysis of Transocean Ltd (RIG)
Going through the that latest performance of [Transocean Ltd, RIG]. Its last 5-days volume of 24.3 million indicated improvement to the volume of 18.71 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 10.18% While, its Average True Range was 0.19.
Raw Stochastic average of Transocean Ltd (RIG) in the period of the previous 100 days is set at 0.82%, which indicates a major fall in contrast to 2.17% 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 27.03% that was lower than 49.73% volatility it exhibited in the past 100-days period.
