Transocean Ltd (NYSE:RIG) currently has a daily average trading volume of 44.28M but it saw 40793682 shares traded in last market. With a market cap of 2.33B USD, the company’s current market price of $2.64 came falling about -2.22 while comparing to the previous closing price of $2.7. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.98 and as low as $1.97. In the recent trading on the day, stock has struck highest price mark of $2.62 while lowest mark touched by it was $2.71.
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 -17.76% down while it is 6.02% when we observe its performance for the past one month. Year-to-date it is -48.74% down and over the past year, the stock is showing a downside performance of -29.60%.
Currently, Transocean Ltd’s total number of outstanding shares is 883.26M. Company’s return on investment (ROI) stands at -4.27% and return on equity (ROE) at -6.65%. It has a 24.42 of forward P/E ratio. Stock’s beta reads 2.53. Stock has a price to book (P/B) ratio of 0.23 while price to sale or P/S ratio amounts to 0.64. Its return on asset (ROA) is -3.54% on average.
