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After finishing at $3.73 in the prior trading day, Transocean Ltd (NYSE: RIG) closed at $3.67, down -1.61%. In other words, the price has decreased by -$1.61 from its previous closing price. On the day, 24.31 million shares were traded. RIG stock price reached its highest trading level at $3.7 during the session, while it also had its lowest trading level at $3.54.
Ratios:
Our goal is to gain a better understanding of RIG by taking a closer 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 Dec 12 ’24 when Mackenzie Roderick James sold 22,000 shares for $3.95 per share. The transaction valued at 86,900 led to the insider holds 251,596 shares of the business.
RODERICK J MACKENZIE bought 88,000 shares of RIG for $359,920 on Dec 12 ’24. On Nov 22 ’24, another insider, RODERICK J MACKENZIE, who serves as the Officer of the company, bought 37,261 shares for $4.38 each.
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 3214200832 and an Enterprise Value of 9740198912. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at 2.94 whereas that against EBITDA is 10.274.
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 $3.70. The 50-Day Moving Average of the stock is -13.07%, while the 200-Day Moving Average is calculated to be -27.80%.
Shares Statistics:
The stock has traded on average 19.47M shares per day over the past 3-months and 21967140 shares per day over the last 10 days, according to various share statistics. A total of 875.80M shares are outstanding, with a floating share count of 731.08M. Insiders hold about 16.52% of the company’s shares, while institutions hold 70.01% stake in the company. Shares short for RIG as of 1732838400 were 145118520 with a Short Ratio of 7.45, compared to 1730332800 on 149409700. Therefore, it implies a Short% of Shares Outstanding of 145118520 and a Short% of Float of 18.63.