On Friday, Transocean Ltd (NYSE: RIG) opened higher 4.40% from the last session, before settling in for the closing price of $2.50. Price fluctuations for RIG have ranged from $1.97 to $6.38 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 2.50%. Company’s average yearly earnings per share was noted 105.13% at the time writing. With a float of $736.14 million, this company’s outstanding shares have now reached $883.26 million.
Let’s determine the extent of company efficiency that accounts for 5800 employees. In terms of profitability, gross margin is 68.04%, operating margin of -9.54%, and the pretax margin is -12.82%.
Transocean Ltd (RIG) Insider Activity
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 16.66%, while institutional ownership is 70.28%. The most recent insider transaction that took place on Apr 30 ’25, was worth 21,400. In this transaction Director of this company bought 10,000 shares at a rate of $2.14, taking the stock ownership to the 59,200 shares. Before that another transaction happened on Apr 11 ’25, when Company’s EVP, Chief Commercial Officer sold 22,000 for $2.23, making the entire transaction worth $49,060. This insider now owns 362,841 shares in total.
Transocean Ltd (RIG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 105.13% 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 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63. Likewise, its price to free cash flow for the trailing twelve months is 7.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.94, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.11 in one year’s time.
Technical Analysis of Transocean Ltd (RIG)
Looking closely at Transocean Ltd (NYSE: RIG), its last 5-days average volume was 41.7 million, which is a jump from its year-to-date volume of 36.63 million. As of the previous 9 days, the stock’s Stochastic %D was 79.04%. Additionally, its Average True Range was 0.18.
During the past 100 days, Transocean Ltd’s (RIG) raw stochastic average was set at 27.23%, which indicates a significant decrease from 92.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.72% in the past 14 days, which was lower than the 74.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.66, while its 200-day Moving Average is $3.87. However, in the short run, Transocean Ltd’s stock first resistance to watch stands at $2.66. Second resistance stands at $2.71. The third major resistance level sits at $2.78. If the price goes on to break the first support level at $2.55, it is likely to go to the next support level at $2.48. Should the price break the second support level, the third support level stands at $2.43.
Transocean Ltd (NYSE: RIG) Key Stats
There are currently 883,261K shares outstanding in the company with a market cap of 2.31 billion. Presently, the company’s annual sales total 3,524 M according to its annual income of -512,000 K. Last quarter, the company’s sales amounted to 906,000 K and its income totaled -79,000 K.
