A new trading day began on Monday, with Transocean Ltd (NYSE: RIG) stock price up 4.47% from the previous day of trading, before settling in for the closing price of $3.58. RIG’s price has ranged from $3.40 to $6.88 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Energy sector was -2.99%. Meanwhile, its annual earnings per share averaged 96.99%. With a float of $730.89 million, this company’s outstanding shares have now reached $875.80 million.
Considering the fact that the conglomerate employs 5800 people, you should pay attention to its efficiency factor. 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 16.55%, while institutional ownership is 70.08%. 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) Recent Fiscal highlights
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
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 0.99.
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 0.13 in one year’s time.
Technical Analysis of Transocean Ltd (RIG)
Compared to the last year’s volume of 26.2 million, its volume of 27.38 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 15.89%. Additionally, its Average True Range was 0.18.
During the past 100 days, Transocean Ltd’s (RIG) raw stochastic average was set at 25.00%, which indicates a significant decrease from 36.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.16% in the past 14 days, which was lower than the 45.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.92, while its 200-day Moving Average is $4.71. Nevertheless, the first resistance level for the watch stands at $3.79 in the near term. At $3.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.92. If the price goes on to break the first support level at $3.66, it is likely to go to the next support level at $3.57. Now, if the price goes above the second support level, the third support stands at $3.53.
Transocean Ltd (NYSE: RIG) Key Stats
With a market capitalization of 3.28 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.
