Searching For Real Value In Market Debris At Transocean Ltd (NYSE: RIG)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, RIG falls under the Energy sector while operating within the Oil & Gas Drilling industry segment. The current market capitalization of Transocean Ltd is $3.86B. A total of 11.57 million shares were traded on the day, compared to an average of 20.07M shares.

In the most recent transaction, RODERICK J MACKENZIE bought 37,261 shares of RIG for 4.38 per share on Nov 22 ’24. In a previous transaction on Nov 22 ’24, Mackenzie Roderick James sold 37,261 shares at 4.38 per share. RIG shares that EVP, Chief Commercial Officer owns now total 273,596.

Among the insiders who sold shares, Mackenzie Roderick James disposed of 20,000 shares on Nov 18 ’24 at a per-share price of $4.29. This resulted in the EVP, Chief Commercial Officer holding 310,857 shares of RIG after the transaction. In another insider transaction, Perestroika bought 1,500,000 shares at $4.13 per share on Sep 12 ’24. Company shares held by the Director now total 91,074,894.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, RIG has a high of $6.88 and a low of $3.85.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. RIG’s latest balance sheet shows that the firm has $976.00M in Cash & Short Term Investments as of fiscal 2021. There were $7.69B in debt and $1.30B in liabilities at the time. Its Book Value Per Share was $11.68, while its Total Shareholder’s Equity was $11.21B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RIG is Buy with a score of 3.54.

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