Transocean Ltd (RIG): Uncovering A True Diamond In The Rough

Transocean Ltd (NYSE:RIG) currently has a daily average trading volume of 19.72M but it saw 20872385 shares traded in last market. With a market cap of 3.73B USD, the company’s current market price of $4.26 came falling about -3.40 while comparing to the previous closing price of $4.41. 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 $4.2 while lowest mark touched by it was $4.446.

Taking a look at 20-day trading activity of Transocean Ltd (RIG) gives us an average price of $4.37, while its current price level is -38.08% below from 52-week high level whereas it is 10.65% 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 $4.31 while that of 200 days or SMA-200 reads an average of $5.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.80% during that period while stretching the period over a month that increases to 4.25%. 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 47.25 which implies that the stock is in neutral territory.

Over the week, RIG’s stock price is moving -0.47% down while it is -3.40% when we observe its performance for the past one month. Year-to-date it is -32.91% down and over the past year, the stock is showing a downside performance of -33.12%.

Currently, Transocean Ltd’s total number of outstanding shares is 875.80M. Company’s return on investment (ROI) stands at -3.72% and return on equity (ROE) at -6.07%. It has a 26.65 of forward P/E ratio. Stock’s beta reads 2.72. Stock has a price to book (P/B) ratio of 0.36 while price to sale or P/S ratio amounts to 1.13. Its return on asset (ROA) is -3.15% on average.