Transocean Ltd’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $6.88 on 04/08/24, and the lowest price during that time was $3.40, recorded on 12/24/24.
52-week price history of RIG Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Transocean Ltd’s current trading price is -42.44% away from its 52-week high, while its distance from the 52-week low is 16.47%. The stock’s price range during this period has fluctuated between $3.40 and $6.88. Shares of the company, which operates in the Energy sector, recorded a trading volume of around 17.57 million for the day, which was evidently lower than the average daily volume of 19.91 million over the last three months.
Financial Performance and Market Capitalization
Transocean Ltd (RIG) has experienced a quarterly decline of -13.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.48B and boasts a workforce of 5800 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.29, with a change in price of -1.25. Similarly, Transocean Ltd recorded 20,120,121 in trading volume during the last 100 days, posting a change of -23.99%.
RIG Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RIG stands at 0.68. Similarly, the long-term debt-to-equity ratio is also 0.64.
RIG Stock Stochastic Average
The raw stochastic average for Transocean Ltd over the last 50 days is presently at 41.79%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 55.45%. Further, the company’s Stochastic %K and %D values for the last 20 days were 47.05% and 39.07%, respectively.
RIG Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 5.60%.However, over the last six months, we can see a stronger performance of -22.35%. Over the last 30 days, the price of RIG has leaped by -10.20%. And in the last five days, it has surged by 10.92%.
