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Transocean Stock Bullish By 9% So Far Today

(VIANEWS) – Shares of Transocean (NYSE: RIG) rose 9.12% to $6.94 at 12:40 EST on Monday, after four sequential sessions in a row of losses. NYSE is jumping 0.42% to $15,439.78, after five successive sessions in a row of gains. This seems, at the moment, a somewhat bullish trend exchanging session today.

Transocean’s last close was $6.36, 17.83% below its 52-week high of $7.74.

About Transocean

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

Earnings Per Share

As for profitability, Transocean has a trailing twelve months EPS of $-0.92.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -4.72%.

Yearly Top and Bottom Value

Transocean’s stock is valued at $6.94 at 12:40 EST, way below its 52-week high of $7.74 and way above its 52-week low of $2.32.

More news about Transocean (RIG).

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