Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Transocean Ltd (NYSE: RIG) closed at $4.10 in the last session, down -4.21% from day before closing price of $4.28. In other words, the price has decreased by -$4.21 from its previous closing price. On the day, 27.58 million shares were traded. RIG stock price reached its highest trading level at $4.27 during the session, while it also had its lowest trading level at $4.04.
Ratios:
We take a closer look at RIG’s different ratios to gain a better understanding of the stock. 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.
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 Jan 10 ’25 when Mackenzie Roderick James sold 22,000 shares for $4.05 per share. The transaction valued at 89,100 led to the insider holds 229,596 shares of the business.
Mackenzie Roderick James sold 22,000 shares of RIG for $86,900 on Dec 12 ’24. The EVP, Chief Commercial Officer now owns 251,596 shares after completing the transaction at $3.95 per share. On Dec 12 ’24, another insider, RODERICK J MACKENZIE, who serves as the Officer of the company, bought 88,000 shares for $4.09 each.
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 3590796544 and an Enterprise Value of 10116794368. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 3.054 whereas that against EBITDA is 10.672.
Stock Price History:
The Beta on a monthly basis for RIG is 2.71, which has changed by -0.23220974 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, RIG has reached a high of $6.88, while it has fallen to a 52-week low of $3.40. The 50-Day Moving Average of the stock is 0.24%, while the 200-Day Moving Average is calculated to be -16.31%.
Shares Statistics:
According to the various share statistics, RIG traded on average about 21.15M shares per day over the past 3-months and 26816340 shares per day over the past 10 days. A total of 875.80M shares are outstanding, with a floating share count of 731.11M. Insiders hold about 16.52% of the company’s shares, while institutions hold 70.01% stake in the company. Shares short for RIG as of 1735603200 were 140798620 with a Short Ratio of 6.66, compared to 1732838400 on 145118520. Therefore, it implies a Short% of Shares Outstanding of 140798620 and a Short% of Float of 18.08.
