Transocean Ltd (NYSE: RIG) kicked off on Monday, down -3.32% from the previous trading day, before settling in for the closing price of $3.92. Over the past 52 weeks, RIG has traded in a range of $3.40-$6.88.
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Energy Sector giant saw their annual sales slid by -2.99% over the last five years. While this was happening, its average annual earnings per share was recorded 96.99%. With a float of $731.13 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) Insider Activity
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 16.52%, while institutional ownership is 70.50%. 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) Earnings and Forecasts
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
Take a look at Transocean Ltd’s (RIG) current performance indicators. Last quarter, 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 1.00.
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)
Analysing the last 5-days average volume posted by the [Transocean Ltd, RIG], we can find that recorded value of 27.29 million was better than the volume posted last year of 25.92 million. As of the previous 9 days, the stock’s Stochastic %D was 30.23%. Additionally, its Average True Range was 0.18.
During the past 100 days, Transocean Ltd’s (RIG) raw stochastic average was set at 28.68%, which indicates a significant increase from 3.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.20% in the past 14 days, which was lower than the 46.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.97, while its 200-day Moving Average is $4.76. Now, the first resistance to watch is $3.88. This is followed by the second major resistance level at $3.98. The third major resistance level sits at $4.03. 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 $3.68. Should the price break the second support level, the third support level stands at $3.58.
Transocean Ltd (NYSE: RIG) Key Stats
The company with the Market Capitalisation of 3.32 billion has total of 875,804K 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 948,000 K and last quarter income was -494,000 K.
