Transocean Stock Over 12% Down At Session Start On Wednesday

(VIANEWS) – Shares of Transocean (NYSE: RIG) slid by a staggering 12.05% to $5.62 at 10:09 EST on Wednesday, after two sequential sessions in a row of gains. NYSE is rising 1.22% to $14,944.74, following the last session’s upward trend. This seems, at the moment, an all-around bullish trend trading session today.

Transocean’s last close was $6.39, 16.91% under its 52-week high of $7.69.

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%.

Moving Average

Transocean’s value is below its 50-day moving average of $6.15 and way above its 200-day moving average of $4.21.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.4%, now sitting on 2.59B for the twelve trailing months.

Volatility

Transocean’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.11%, a negative 1.17%, and a positive 3.26%.

Transocean’s highest amplitude of average volatility was 4.31% (last week), 3.83% (last month), and 3.26% (last quarter).

Volume

Today’s last reported volume for Transocean is 10288148 which is 55.67% below its average volume of 23209800.

More news about Transocean (RIG).

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