Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Transocean Ltd (NYSE: RIG) closed the day trading at $4.24 down -1.17% from the previous closing price of $4.29. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 17.74 million shares were traded. RIG stock price reached its highest trading level at $4.34 during the session, while it also had its lowest trading level at $4.165.
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 Sep 12 ’24 when Perestroika bought 1,500,000 shares for $4.13 per share. The transaction valued at 6,195,000 led to the insider holds 91,074,894 shares of the business.
Perestroika (Cyprus) Ltd bought 1,500,000 shares of RIG for $6,195,000 on Sep 12 ’24. The Director now owns 91,074,894 shares after completing the transaction at $4.13 per share. On Sep 12 ’24, another insider, Mohn Frederik Wilhelm, who serves as the Director of the company, bought 1,500,000 shares for $4.13 each. As a result, the insider paid 6,195,000 and bolstered with 91,074,894 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 3757195264 and an Enterprise Value of 10239407104. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 3.091 whereas that against EBITDA is 10.801.
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 -1.52%, while the 200-Day Moving Average is calculated to be -18.13%.
Shares Statistics:
Over the past 3-months, RIG traded about 19.94M shares per day on average, while over the past 10 days, RIG traded about 23587040 shares per day. A total of 809.03M shares are outstanding, with a floating share count of 731.30M. Insiders hold about 16.50% of the company’s shares, while institutions hold 68.57% stake in the company. Shares short for RIG as of 1730332800 were 149409700 with a Short Ratio of 7.49, compared to 1727654400 on 159762716. Therefore, it implies a Short% of Shares Outstanding of 149409700 and a Short% of Float of 19.18.
