Transocean Ltd (NYSE:RIG) currently has a daily average trading volume of 19.46M but it saw 33843399 shares traded in last market. With a market cap of 3.80B USD, the company’s current market price of $4.34 came rising about 9.05 while comparing to the previous closing price of $3.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.05 and as low as $3.85. In the recent trading on the day, stock has struck highest price mark of $4.075 while lowest mark touched by it was $4.4.
Taking a look at 20-day trading activity of Transocean Ltd (RIG) gives us an average price of $4.22, while its current price level is -38.44% below from 52-week high level whereas it is 12.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.35 while that of 200 days or SMA-200 reads an average of $5.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.07% during that period while stretching the period over a month that increases to 4.10%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.23 which implies that the stock is in neutral territory.
Over the week, RIG’s stock price is moving 5.85% up while it is 0.23% when we observe its performance for the past one month. Year-to-date it is -31.65% down and over the past year, the stock is showing a downside performance of -34.44%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.09 beat the consensus estimate of -0.23 for the same. The company is expected to be releasing its next quarterly report on 2025-Feb-10, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is -0.17. In next quarter, company is expected to be making quarterly sales of $960.37M as analysts are expecting the sales for current fiscal year at $3.55B and seeing the company making $4B in sales next year. Moreover, analysts are in estimates of $979.35M for current-quarter revenue.
Currently, Transocean Ltd’s total number of outstanding shares is 809.03M. Company’s return on investment (ROI) stands at -2.00% and return on equity (ROE) at -3.31%. It has a 19.37 of forward P/E ratio. Stock’s beta reads 2.79. Stock has a price to book (P/B) ratio of 0.35 while price to sale or P/S ratio amounts to 1.23. Its return on asset (ROA) is -1.72% on average.