Less Than One Hour Before The NYSE Open, Transocean Is Down By 6%

(VIANEWS) – The NYSE opens in less than one hour and Transocean‘s pre-market value is already 6.44% down.

Transocean’s last close was $6.68, 13.13% below its 52-week high of $7.69.

The last session, NYSE ended with Transocean (RIG) jumping 0.3% to $6.68. NYSE slid 1.63% to $14,894.18, after two sequential sessions in a row of losses, on what was an all-around down trend exchanging session.

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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 10.5% and positive 46.4% for the next.

Yearly Top and Bottom Value

Transocean’s stock is valued at $6.68 at 08:53 EST, way below its 52-week high of $7.69 and way higher than its 52-week low of $2.32.

Sales Growth

Transocean’s sales growth is negative 0.3% for the ongoing quarter and 16.5% for the next.

Volume

Today’s last reported volume for Transocean is 26455403 which is 2.08% below its average volume of 22873600.

More news about Transocean (RIG).

Leave a Reply

Your email address will not be published. Required fields are marked *