Transocean Ltd (NYSE:RIG) currently has a daily average trading volume of 41.76M but it saw 35114868 shares traded in last market. With a market cap of 2.17B USD, the company’s current market price of $2.46 came falling about -3.53 while comparing to the previous closing price of $2.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.26 and as low as $1.97.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Evercore ISI which downgraded the stock as “In-line” in its note to investors issued on January 15, 2025, recommending a price target of between $6 and $5 for it. Barclays upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on December 18, 2024 while assigning a price target of $4.50. JP Morgan issued its recommendations for the stock as it upgraded the price target for the stock is $5.
Over the week, RIG’s stock price is moving -11.51% down while it is 14.95% when we observe its performance for the past one month. Year-to-date it is -34.40% down and over the past year, the stock is showing a downside performance of -59.20%.
Currently, Transocean Ltd’s total number of outstanding shares is 883.26M with 16.57% of that held by the insiders while 70.67% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -4.27% and return on equity (ROE) at -6.65%. It has a 20.69 of forward P/E ratio. Stock’s beta reads 2.55. Stock has a price to book (P/B) ratio of 0.21 while price to sale or P/S ratio amounts to 0.59. Its return on asset (ROA) is -3.54% on average.
