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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

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 $4.11B. A total of 10.04 million shares were traded on the day, compared to an average of 18.42M shares.

In the most recent transaction, Perestroika (Cyprus) Ltd bought 2,000,000 shares of RIG for 6.01 per share on May 15 ’24. After the transaction, the Director now owns 87,574,894 company shares. In a previous transaction on May 15 ’24, Mohn Frederik Wilhelm bought 2,000,000 shares at 6.01 per share. RIG shares that Director owns now total 87,574,894.

Among the insiders who bought shares, Perestroika acquired of 2,000,000 shares on May 15 ’24 at a per-share price of $6.01. This resulted in the Director holding 87,574,894 shares of RIG after the transaction. In another insider transaction, Mohn Frederik Wilhelm bought 1,000,000 shares at $4.89 per share on Feb 27 ’24. Company shares held by the Director now total 85,574,894.

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 $8.88 and a low of $4.45.

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 $12.84, 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 3.69.

Most Popular

Related Posts