Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Transocean Ltd’s stock clocked out at $2.98, up 1.36% from its previous closing price of $2.94. In other words, the price has increased by $1.36 from its previous closing price. On the day, 34.61 million shares were traded. RIG stock price reached its highest trading level at $3.0 during the session, while it also had its lowest trading level at $2.88.
Ratios:
To gain a deeper understanding of RIG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.57. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 11 ’25 when Mackenzie Roderick James sold 22,000 shares for $2.94 per share. The transaction valued at 64,680 led to the insider holds 384,841 shares of the business.
Mackenzie Roderick James sold 22,000 shares of RIG for $84,700 on Feb 11 ’25. The EVP, Chief Commercial Officer now owns 313,072 shares after completing the transaction at $3.85 per share. On Jan 10 ’25, another insider, Mackenzie Roderick James, who serves as the EVP, Chief Commercial Officer of the company, sold 22,000 shares for $4.05 each. As a result, the insider received 89,100 and left with 229,596 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 2619083264 and an Enterprise Value of 9271927808. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 2.631 whereas that against EBITDA is 8.148.
Stock Price History:
The Beta on a monthly basis for RIG is 2.32, which has changed by -0.47349823 over the last 52 weeks, in comparison to a change of 0.087141395 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 $2.55. The 50-Day Moving Average of the stock is -17.36%, while the 200-Day Moving Average is calculated to be -32.90%.
Shares Statistics:
It appears that RIG traded 29.27M shares on average per day over the past three months and 41765030 shares per day over the past ten days. A total of 875.83M shares are outstanding, with a floating share count of 731.94M. Insiders hold about 16.72% of the company’s shares, while institutions hold 70.23% stake in the company. Shares short for RIG as of 1740700800 were 140904324 with a Short Ratio of 4.81, compared to 1738281600 on 145803530. Therefore, it implies a Short% of Shares Outstanding of 140904324 and a Short% of Float of 18.020001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
