Among the biggest risers on the S&P 500 on Thursday February 25 was Transocean Ltd (Switzerland) ($RIG), popping some 2.02% to a price of $3.53 a share with some 49.97 million shares trading hands.
Starting the day trading at $3.49, Transocean Ltd (Switzerland) reached an intraday high of $3.82 and hit intraday lows of $3.43. Shares gained $0.07 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 615.11 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $0.65 to $4.20.
Transocean commands one of the largest deep-water and ultra-deep-water fleets in the world. Its rigs operate globally, but the major deep-water basins are in West Africa, Brazil, and the Gulf of Mexico. Transocean’s customers tend to be national oil companies, independents, and international oil companies.
Transocean Ltd (Switzerland) has its corporate headquarters located in Steinhausen, and employs 6,600 people. Its market cap has now risen to $2.17 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 0.19, and P/FCF n/a.