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Transocean Ltd (NYSE: RIG) closed the day trading at $4.40 up 2.33% from the previous closing price of $4.30. In other words, the price has increased by $2.33 from its previous closing price. On the day, 6.86 million shares were traded. RIG stock price reached its highest trading level at $4.42 during the session, while it also had its lowest trading level at $4.325.
Ratios:
For a better understanding of RIG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.64.
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 Nov 22 ’24 when RODERICK J MACKENZIE bought 37,261 shares for $4.38 per share.
Mackenzie Roderick James sold 37,261 shares of RIG for $163,203 on Nov 22 ’24. The EVP, Chief Commercial Officer now owns 273,596 shares after completing the transaction at $4.38 per share. On Nov 18 ’24, another insider, Mackenzie Roderick James, who serves as the EVP, Chief Commercial Officer of the company, sold 20,000 shares for $4.29 each. As a result, the insider received 85,800 and left with 310,857 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 3853537792 and an Enterprise Value of 10379535360. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 3.133 whereas that against EBITDA is 10.949.
Stock Price History:
Over the past 52 weeks, RIG has reached a high of $6.88, while it has fallen to a 52-week low of $3.85. The 50-Day Moving Average of the stock is 1.88%, while the 200-Day Moving Average is calculated to be -14.26%.
Shares Statistics:
Over the past 3-months, RIG traded about 19.85M shares per day on average, while over the past 10 days, RIG traded about 15073800 shares per day. A total of 809.03M shares are outstanding, with a floating share count of 731.03M. Insiders hold about 16.53% of the company’s shares, while institutions hold 69.99% stake in the company. Shares short for RIG as of 1731628800 were 147486820 with a Short Ratio of 7.43, compared to 1728950400 on 149670606. Therefore, it implies a Short% of Shares Outstanding of 147486820 and a Short% of Float of 18.94.
