SWITZERLAND: Among the S&P 500’s biggest fallers on Wednesday August 16 was Transocean Ltd (Switzerland) (RIG). The stock experienced a 4.17% decline to $7.58 with 25.3 million shares changing hands. Transocean Ltd (Switzerland) started at an opening price of 7.92 and hit a high of $7.94 and a low of $7.47. Ultimately, the stock took a hit and finished the day at $0.33 per share. Transocean Ltd (Switzerland) trades an average of 14.32 million shares a day out of a total 391.18 million shares outstanding. The current moving averages are a 50-day SMA of $8.46 and a 200-day SMA of $11.56. Transocean Ltd (Switzerland) hit a high of $16.66 and a low of $7.55 over the last year.
Transocean Ltd 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. With its headquarters located in Vernier, , Transocean Ltd (Switzerland) employs 5,400 people. After today’s trading, the company’s market cap has fallen to $2.97 billion, a P/S of 0.91, a P/B of 0.21, and a P/FCF of 3.9. To dig deeper into the fundamentals of Transocean Ltd (Switzerland) and perform your own analysis, visit our Stock Valuation Analysis tool for RIG.
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