Home Sectors Energy Current Change: Transocean Switzerland (NYSE: RIG)

Current Change: Transocean Switzerland (NYSE: RIG)

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Transocean Switzerland trades as part of the oil and gas drilling industry and trades as part of the energy sector. The company CEO is Jeremy D. Thigpen. Transocean is an international provider of offshore contract drilling services for oil and gas wells. Its business activities include contracting drilling rigs, related equipment and work crews to drill oil and gas wells.

Previous Intraday Trading Performance:

The RIG stock showed a previous change of 2.40% with an open at 14.00 and a close of 14.08. It reached an intraday high of 14.34 and a low of 13.85.

SeekingAlpha:  Transocean announces offering of $600M of secured notes.

Liquidity:

The stock has a market cap of $6.5b with 460.5m shares outstanding, of which the float is 458.7m shares. Trading volume reached 12,931,179 shares compared to its average volume of 13,305,470 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Transocean Switzerland shares returned 7.65% and in the past 30 trading days it returned 15.98%. Over three months, it changed 33.97%. In one year it has changed 75.12% and within that year its 52-week high was 14.34 and its 52-week low was 7.20. RIG stock is 95.56% above its 52 Week Low.

Our calculations show a 200 day moving average of 11.04 and a 50 day moving average of 12.81. Currently RIG stock is trading 27.59% above its 200 day moving average.

SeekingAlpha:  Transocean announces offering of $600M of secured notes.

Earnings:

The last annual fiscal EPS for the company was reported at -7.99 that ended on 31st of December 2017. Based on 10 analyst estimates, the consensus EPS for the next quarter is -0.17. The TTM EPS is -0.56, which comes to a TTM PE of -25.14.

The following are the last four quarter reported earnings per share:
03-31-2018:  -0.48
12-31-2017:  -0.24
09-30-2017:  0.16
06-30-2017:  0.00

Base on our calculations, the intrinsic value per share is 7.75, which means it may be overvalued by -81.58%

Indicators to Watch:

Based on the latest filings, there is 78.10% of institutional ownership. Short-interest is 73,636,458, which is 15.99% of shares outstanding. The short-interest ratio or days-to-cover ratio is 5.45. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.54

Business Wire:  Royal Gold Provides Update on its Fiscal 2018 Fourth Quarter

Fundamental Indicators:

Based on last reported financials, the company's return on equity is -21.54%, return on assets is -12.11%, profit margin is -88.06%, price-to-sales is 3.24 and price-to-book is 0.47.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 3  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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