News Home

Should You Accumulate Transocean LTD (RIG) in Oil & Gas Drilling Industry?

Thursday, August 11, 2022 10:56 AM | InvestorsObserver Analysts
Should You Accumulate Transocean LTD (RIG) in Oil & Gas Drilling Industry?

Transocean LTD (RIG) is around the middle of the Oil & Gas Drilling industry according to InvestorsObserver. RIG received an overall rating of 52, which means that it scores higher than 52 percent of all stocks. Transocean LTD also achieved a score of 44 in the Oil & Gas Drilling industry, putting it above 44 percent of Oil & Gas Drilling stocks. Oil & Gas Drilling is ranked 19 out of the 148 industries.

Overall Score - 52
RIG has an Overall Score of 52. Find out what this means to you and get the rest of the rankings on RIG!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 52 would rank higher than 52 percent of all stocks.
These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Transocean LTD Stock Today?

Transocean LTD (RIG) stock is trading at $3.62 as of 10:47 AM on Thursday, Aug 11, an increase of $0.09, or 2.55% from the previous closing price of $3.53. The stock has traded between $3.60 and $3.70 so far today. Volume today is below average. So far 2,686,246 shares have traded compared to average volume of 19,561,530 shares. Click Here to get the full Stock Report for Transocean LTD stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App