A new trading day began on Friday, with Transocean Ltd (NYSE: RIG) stock price up 0.25% from the previous day of trading, before settling in for the closing price of $3.95. RIG’s price has ranged from $3.40 to $6.88 over the past 52 weeks.
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
Energy Sector giant saw their annual sales slid by -2.99% over the last five years. Meanwhile, its annual earnings per share averaged 92.15%. With a float of $731.11 million, this company’s outstanding shares have now reached $875.80 million.
The firm has a total of 5800 workers. Let’s measure their productivity. In terms of profitability, gross margin is 28.49%, operating margin of 6.73%, and the pretax margin is -20.16%.
Transocean Ltd (RIG) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Drilling Industry. The insider ownership of Transocean Ltd is 16.52%, while institutional ownership is 70.03%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
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
Here are Transocean Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05.
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)
Analysing the last 5-days average volume posted by the [Transocean Ltd, RIG], we can find that recorded value of 24.91 million was better than the volume posted last year of 23.68 million. As of the previous 9 days, the stock’s Stochastic %D was 85.54%. Additionally, its Average True Range was 0.18.
During the past 100 days, Transocean Ltd’s (RIG) raw stochastic average was set at 30.11%, which indicates a significant decrease from 91.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.72% in the past 14 days, which was lower than the 48.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.09, while its 200-day Moving Average is $4.98. Now, the first resistance to watch is $4.02. This is followed by the second major resistance level at $4.09. The third major resistance level sits at $4.16. If the price goes on to break the first support level at $3.88, it is likely to go to the next support level at $3.81. Now, if the price goes above the second support level, the third support stands at $3.74.
Transocean Ltd (NYSE: RIG) Key Stats
With a market capitalization of 3.48 billion, the company has a total of 875,804K Shares Outstanding. Currently, annual sales are 2,832 M while annual income is -954,000 K. The company’s previous quarter sales were 948,000 K while its latest quarter income was -494,000 K.
