On Monday, Transocean Ltd (NYSE: RIG) opened lower -0.52% from the last session, before settling in for the closing price of $3.85. Price fluctuations for RIG have ranged from $3.40 to $6.88 over the past 52 weeks.
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Annual sales at Energy sector company slipped by -2.99% over the past five years. Company’s average yearly earnings per share was noted 96.99% at the time writing. With a float of $731.13 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Drilling industry is another important factor to consider. The insider ownership of Transocean Ltd is 16.52%, while institutional ownership is 70.00%. The most recent insider transaction that took place on Jan 10 ’25, was worth 89,100. In this transaction EVP, Chief Commercial Officer of this company sold 22,000 shares at a rate of $4.05, taking the stock ownership to the 229,596 shares. Before that another transaction happened on Dec 12 ’24, when Company’s EVP, Chief Commercial Officer sold 22,000 for $3.95, making the entire transaction worth $86,900. This insider now owns 251,596 shares in total.
Transocean Ltd (RIG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 96.99% per share during the next fiscal year.
Transocean Ltd (NYSE: RIG) Trading Performance Indicators
Check out the current performance indicators for Transocean Ltd (RIG). In the past 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 1.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.14 in one year’s time.
Technical Analysis of Transocean Ltd (RIG)
Transocean Ltd (NYSE: RIG) saw its 5-day average volume 23.35 million, a negative change from its year-to-date volume of 25.49 million. As of the previous 9 days, the stock’s Stochastic %D was 5.27%. Additionally, its Average True Range was 0.18.
During the past 100 days, Transocean Ltd’s (RIG) raw stochastic average was set at 31.62%, which indicates a significant increase from 7.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.65% in the past 14 days, which was lower than the 48.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.02, while its 200-day Moving Average is $4.82. Nevertheless, the first resistance level for the watch stands at $3.98 in the near term. At $4.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.23. If the price goes on to break the first support level at $3.73, it is likely to go to the next support level at $3.64. The third support level lies at $3.48 if the price breaches the second support level.
Transocean Ltd (NYSE: RIG) Key Stats
There are currently 875,804K shares outstanding in the company with a market cap of 3.35 billion. Presently, the company’s annual sales total 2,832 M according to its annual income of -954,000 K. Last quarter, the company’s sales amounted to 948,000 K and its income totaled -494,000 K.
