Transocean Ltd (NYSE:RIG) currently has a daily average trading volume of 19.95M but it saw 19066707 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 2.60 while comparing to the previous closing price of $4.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.88 and as low as $3.85. In the recent trading on the day, stock has struck highest price mark of $4.225 while lowest mark touched by it was $4.39.
Taking a look at 20-day trading activity of Transocean Ltd (RIG) gives us an average price of $4.30, while its current price level is -36.92% 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 $4.33 while that of 200 days or SMA-200 reads an average of $5.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.80% during that period while stretching the period over a month that decreases to 4.60%. 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 50.80 which implies that the stock is in neutral territory.
Over the week, RIG’s stock price is moving -2.69% down while it is 5.60% 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 -30.89%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.09 beat the consensus estimate of -0.24 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.0 while estimate for next year EPS is -0.13. In next quarter, company is expected to be making quarterly sales of $908.55M as analysts are expecting the sales for current fiscal year at $3.53B and seeing the company making $3.89B in sales next year. Moreover, analysts are in estimates of $963.55M for current-quarter revenue.
Currently, Transocean Ltd’s total number of outstanding shares is 809.03M with 16.65% of that held by the insiders while 71.58% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.72% and return on equity (ROE) at -6.07%. It has a 26.39 of forward P/E ratio. Stock’s beta reads 2.77. Stock has a price to book (P/B) ratio of 0.37 while price to sale or P/S ratio amounts to 1.15. Its return on asset (ROA) is -3.15% on average.
