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After finishing at $3.22 in the prior trading day, Transocean Ltd (NYSE: RIG) closed at $3.30, up 2.48%. In other words, the price has increased by $2.48 from its previous closing price. On the day, 33.52 million shares were traded. RIG stock price reached its highest trading level at $3.32 during the session, while it also had its lowest trading level at $3.15.
Ratios:
Our goal is to gain a better understanding of RIG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.10. 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:
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 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 2900326912 and an Enterprise Value of 9588327424. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 2.721 whereas that against EBITDA is 8.426.
Stock Price History:
The Beta on a monthly basis for RIG is 2.32, which has changed by -0.48194665 over the last 52 weeks, in comparison to a change of 0.08572841 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 -4.00%, while the 200-Day Moving Average is calculated to be -23.24%.
Shares Statistics:
The stock has traded on average 31.70M shares per day over the past 3-months and 35184030 shares per day over the last 10 days, according to various share statistics. A total of 875.83M shares are outstanding, with a floating share count of 736.13M. Insiders hold about 16.66% of the company’s shares, while institutions hold 69.88% stake in the company. Shares short for RIG as of 1741910400 were 138990326 with a Short Ratio of 4.38, compared to 1739491200 on 148582644. Therefore, it implies a Short% of Shares Outstanding of 138990326 and a Short% of Float of 17.78.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
