For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $4.25 in the prior trading day, Transocean Ltd (NYSE: RIG) closed at $4.30, up 1.18%. In other words, the price has increased by $1.18 from its previous closing price. On the day, 8.25 million shares were traded. RIG stock price reached its highest trading level at $4.31 during the session, while it also had its lowest trading level at $4.18.
Ratios:
Our goal is to gain a better understanding of RIG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.63.
Susquehanna Upgraded its Neutral to Positive on April 08, 2024, whereas the target price for the stock was revised from $5.50 to $9.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 12 ’24 when Perestroika bought 1,500,000 shares for $4.13 per share. The transaction valued at 6,195,000 led to the insider holds 91,074,894 shares of the business.
Perestroika (Cyprus) Ltd bought 1,500,000 shares of RIG for $6,195,000 on Sep 12 ’24. The Director now owns 91,074,894 shares after completing the transaction at $4.13 per share. On Sep 12 ’24, another insider, Mohn Frederik Wilhelm, who serves as the Director of the company, bought 1,500,000 shares for $4.13 each. As a result, the insider paid 6,195,000 and bolstered with 91,074,894 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RIG now has a Market Capitalization of 3764521216 and an Enterprise Value of 10591521792. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 3.441 whereas that against EBITDA is 13.881.
Stock Price History:
Over the past 52 weeks, RIG has reached a high of $7.96, while it has fallen to a 52-week low of $3.85. The 50-Day Moving Average of the stock is -7.08%, while the 200-Day Moving Average is calculated to be -19.75%.
Shares Statistics:
The stock has traded on average 19.53M shares per day over the past 3-months and 18137740 shares per day over the last 10 days, according to various share statistics. A total of 809.03M shares are outstanding, with a floating share count of 717.05M. Insiders hold about 18.09% of the company’s shares, while institutions hold 69.69% stake in the company. Shares short for RIG as of 1727654400 were 159762716 with a Short Ratio of 8.18, compared to 1724976000 on 159110142. Therefore, it implies a Short% of Shares Outstanding of 159762716 and a Short% of Float of 20.52.
