One of the S&P 500’s big losers for Thursday February 18 was Transocean Ltd. (RIG). The company’s stock fell 5.2% to $8.66 on volume of 12.33 million shares.
The stock opened the day at 9.26 and traded between a low of $8.42 and a high of $9.75. The stock finished the day down $0.475 per share. Transocean Ltd. has an average daily volume of 11.14 million and a total float of 363.74 million shares. The 50-day SMA for Transocean Ltd. is $11.02 and its 200-day SMA is $14.31. The high for the stock over the last 52 weeks is $21.90 and the low is $8.23.
Transocean Ltd is an international provider of offshore contract drilling services for oil and gas wells. The Company has two operating segments; contract drilling services and drilling management services.
Transocean Ltd. is centered in Vernier, , and has 13,100 employees. Today’s trading day leaves the company with a market cap of $3.15 billion. The company has a P/S ratio of n/a, P/B ratio of 0.23, and a 2.9.
For a complete fundamental analysis analysis of Transocean Ltd., check out Equities.com’s Stock Valuation Analysis report for RIG. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.
While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.