Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Transocean Ltd (NYSE: RIG) was $2.28 for the day, up 5.56% from the previous closing price of $2.16. In other words, the price has increased by $5.56 from its previous closing price. On the day, 44.83 million shares were traded. RIG stock price reached its highest trading level at $2.31 during the session, while it also had its lowest trading level at $2.16.
Ratios:
Our analysis of RIG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.43. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
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 2013835008 and an Enterprise Value of 8691862528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 0.19. Its current Enterprise Value per Revenue stands at 2.466 whereas that against EBITDA is 7.638.
Stock Price History:
The Beta on a monthly basis for RIG is 2.57, which has changed by -0.60757315 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. 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 -24.46%, while the 200-Day Moving Average is calculated to be -44.28%.
Shares Statistics:
RIG traded an average of 37.46M shares per day over the past three months and 57890050 shares per day over the past ten days. 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 70.00% stake in the company. Shares short for RIG as of 1743379200 were 139280889 with a Short Ratio of 3.72, compared to 1740700800 on 140904324. Therefore, it implies a Short% of Shares Outstanding of 139280889 and a Short% of Float of 17.849999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
