Transocean Stock Is 28% Up In The Last 21 Sessions

(VIANEWS) – Shares of Transocean (NYSE: RIG) jumped by a staggering 28.55% in 21 sessions from $5.71 to $7.34 at 11:08 EST on Friday, after two consecutive sessions in a row of losses. NYSE is sliding 0.55% to $16,033.98, after three sequential sessions in a row of gains.

Transocean’s last close was $6.97, 25.36% higher than its 52-week high of $5.56.

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 -5.63%.

Yearly Top and Bottom Value

Transocean’s stock is valued at $7.34 at 11:08 EST, way higher than its 52-week high of $5.56.

Volatility

Transocean’s last week, last month’s, and last quarter’s current intraday variation average was 1.30%, 2.34%, and 3.57%.

Transocean’s highest amplitude of average volatility was 3.60% (last week), 3.53% (last month), and 3.57% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 5.5%, now sitting on 2.52B for the twelve trailing months.

More news about Transocean (RIG).

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