The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Transocean Ltd (NYSE: RIG) closed at $3.44 down -3.10% from its previous closing price of $3.55. In other words, the price has decreased by -$3.10 from its previous closing price. On the day, 32.94 million shares were traded.
Ratios:
For a deeper understanding of Transocean Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.61. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 11 ’25 when Mackenzie Roderick James sold 22,000 shares for $3.85 per share. The transaction valued at 84,700 led to the insider holds 313,072 shares of the business.
Mackenzie Roderick James sold 22,000 shares of RIG for $89,100 on Jan 10 ’25. The EVP, Chief Commercial Officer now owns 229,596 shares after completing the transaction at $4.05 per share. On Dec 12 ’24, another insider, Mackenzie Roderick James, who serves as the EVP, Chief Commercial Officer of the company, sold 22,000 shares for $3.95 each. As a result, the insider received 86,900 and left with 251,596 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 0.29.
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 $3.38. The 50-Day Moving Average of the stock is -10.27%, while the 200-Day Moving Average is calculated to be -26.08%.
Shares Statistics:
A total of 875.83M shares are outstanding, with a floating share count of 730.19M. Insiders hold about 16.63% of the company’s shares, while institutions hold 70.00% stake in the company.
