For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Transocean Ltd (NYSE: RIG) closed at $2.33 in the last session, up 1.75% from day before closing price of $2.29. In other words, the price has increased by $1.75 from its previous closing price. On the day, 25.35 million shares were traded.
Ratios:
We take a closer look at RIG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.63.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on January 15, 2025, Downgraded its rating to In-line and sets its target price to $5 from $6 previously.
On December 18, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight but kept the price unchanged to $4.50.
JP Morgan Upgraded its Underweight to Neutral on December 06, 2024, while the target price for the stock was maintained at $5.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 11 ’25 when Mackenzie Roderick James sold 22,000 shares for $2.23 per share. The transaction valued at 49,060 led to the insider holds 362,841 shares of the business.
RODERICK J MACKENZIE bought 44,000 shares of RIG for $95,480 on Apr 11 ’25. On Mar 11 ’25, another insider, Mackenzie Roderick James, who serves as the EVP, Chief Commercial Officer of the company, sold 22,000 shares for $2.94 each. As a result, the insider received 64,680 and left with 384,841 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.20.
Stock Price History:
Over the past 52 weeks, RIG has reached a high of $6.38, while it has fallen to a 52-week low of $1.97. The 50-Day Moving Average of the stock is -18.71%, while the 200-Day Moving Average is calculated to be -42.04%.
Shares Statistics:
A total of 875.83M shares are outstanding, with a floating share count of 736.15M. Insiders hold about 16.66% of the company’s shares, while institutions hold 69.99% stake in the company.
