RIG Stock Price Comparison to Moving Averages:
Switzerland based company, Transocean Ltd. (RIG)’s latest closing price distance was at -24.33% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -19.82% and -13.04% compared with the 20 Day Moving Average.
Analysts Mean Rating:
Analysts’ mean recommendation for Transocean Ltd. (RIG) stands at 3.20. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.
To review the RIG previous performance, look at its past history, which highlighted below:
During last 5 trades the stock sticks almost -6.42%.
During last one month it showed the change of -16.08%.
During last 3 month it remained at -33.26%.
Along with these its year to date performance is standing at -38.74%.
Important Technical Indicators:
ATR value of company was 0.43. Relative Strength Index (RSI) was 25.48. Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30. Signals can also be generated by looking for divergences, failure swings and centerline crossovers. RSI can also be used to identify the general trend.
The stock volatility for week was 3.86% while for month was 3.93%.The stock, as of last close, traded 4.03% to its 52 week low and was changed -45.80% from its 52 week high. Beta factor, which measures the riskiness of the security, was observed as 1.61. RIG’s value Change from Open was at -0.66% with a Gap of -1.52%.
Earnings per share Details about RIG:
EPS in next five year years is expected to touch 5.00% while EPS growth in past 5 year was 16.20% along with sales growth of -12.30% in the last five years.
EPS growth in next year is estimated to reach -135.60% while EPS growth estimate for this year is set at -11.60%.
The price/earnings ratio (P/E) is 5.53. The price to earnings growth is 1.11 and the price to sales ratio is 17.
Transocean Ltd. (RIG)’s Stock Price Trading Update:
Transocean Ltd. (RIG), a part of Basic Materials sector and belongs to Oil & Gas Drilling & Exploration industry; ended its day with loss -2.17% and finalized at the price of $9.03. During its last trading session, Stock traded with the total exchanged volume of 12.48 million shares. The average volume stands around 12.47 million shares. The average numbers of shares are traded in a security per day, during the recent 3-month period. The stock has relative volume of 1.00. Relative volume is ratio between current volume and 3-month average value, intraday adjusted.
June 1, 2017 Transocean Ltd. (RIG) reported that it has completed the before revealed transaction to sell its jackup fleet to Borr Drilling Limited (“Borr”) for a total consideration of about $1.35 billion. The sale included the company’s 10 high-specification jackups and five jackups under construction at Keppel FELS Limited’s (“Keppel”) shipyard in Singapore.
“The sale of our jackup fleet is consistent with our planned goal of remaining the industry’s undisputed leader in the ultra-deepwater and harsh environment markets, where our high quality assets, unmatched operational experience and trusted consumer relationships provide us with a clear competitive advantage,” stated Jeremy Thigpen, President and Chief Executive Officer.
“Further,” added Mark Mey, Executive Vice President and Chief Financial Officer, “this transaction is consistent with our goal of enhancing liquidity to provide greater planned optionality. We have taken an impairment of about $1.6 billion in relation to the sale of the jackup fleet to Borr, but continue to remain comfortably within our debt to tangible capitalization ratio in our revolving credit facility.”