Will Transocean stock go up?

Will Transocean stock go up?

During the day the stock fluctuated 4.15% from a day low at $4.46 to a day high of $4.64. The price has risen in 6 of the last 10 days and is up by 0.22% over the past 2 weeks.

Predicted Opening Price for Transocean Ltd of Monday, April 18, 2022.

Fair opening price April 18, 2022 Current price
$4.56 $4.58 (Overvalued)

Similarly, Is Transocean stock a buy?

Summary. Transocean is in a speculative buy zone, and has some unique characteristics that will lift rig rates modestly over the next year. Oil prices are currently very supportive for higher rig rates, and if we get above $80 a bbl for Brent sustainably, could create lift in demand.

Does RIG pay a dividend? The current TTM dividend payout for Transocean (RIG) as of April 08, 2022 is $0.00. The current dividend yield for Transocean as of April 08, 2022 is 0.00%. Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells.

Thereof, How high does IDEX go?

IDEX stock hit a 2022 high of $1.44 in early January and a low of $0.87 later in the same month. In 2021 its stock price ranged from 88 cents to $5.53. In an interview with Capital.com, Vinod Jain, senior analyst at Aite-Novarica Group, said “the stock could see more volatility due to its current price point”.

What is the price target for RIG?

Stock Price Target RIG

High $ 6.00
Median $ 4.50
Low $ 3.00
Average $ 4.24
Current Price $ 4.47

Does Schlumberger own Transocean?

Schlumberger shareholders will own about 52% of the combined drilling company, while Transocean shareholders will have the rest. In New York Stock Exchange composite trading Monday, shares of Transocean rose 87.5 cents to close at $29.875, while shares of Schlumberger rose 50 cents to close at $64.8125.

Does Transocean Ltd pay a dividend?

Transocean (NYSE: RIG) does not pay a dividend.

Is Ideanomics a Chinese company?

IDEX Stock and the Chinese EV Business

But it’s important to remember what Ideanomics’ Chinese EV business is at the moment. It’s a reseller. It buys vehicles in bulk and sells them individually, earning a spread in the process.

Is it good to buy IDEX stock?

Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.

What does Ideanomics Inc do?

Company Description

Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Mobile Energy Global (MEG) and Ideanomics Capital business units.

Who is Transocean owned by?

In 1993, Sonat spun off the majority of its ownership in the company. Sonat sold its remaining 40% stake in the company during a secondary public offering in late 1995. In 1996, the company acquired Norwegian group Transocean ASA for US$1.5 billion.

Is Transocean an American company?

Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleet such as ultra-deepwater, harsh-environment, deepwater, and midwater rigs. The company was founded in 1954 and is headquartered in Steinhausen, Switzerland.

Who is the largest offshore drilling company?

The world’s biggest offshore drilling companies

  • Schlumberger – $32.8bn. …
  • Halliburton – $23.99bn. …
  • Baker Hughes – $22.9bn. …
  • Petrofac – $5.83bn. …
  • Weatherford – $5.74bn. …
  • China Oilfield Services Limited (COSL) – $3.17bn. …
  • Nabors Offshore – $3.05bn. …
  • Transocean – $3.01bn.

Who is the owner of Ideanomics?

History. The company was founded in 2004 by Shane McMahon who currently also serves as the chairman. Alf Poor is the incumbent chief executive officer serving since February 2019.

Who owns Ideanomic shares?

Top 10 Owners of Ideanomics Inc

Stockholder Stake Shares owned
D. E. Shaw & Co. LP 1.06% 5,297,157
Geode Capital Management LLC 0.74% 3,702,682
Northern Trust Investments, Inc.(… 0.71% 3,540,874
Susquehanna Financial Group LLLP 0.65% 3,234,428

Who is Ideanomics partnered with?

Ideanomics (NASDAQ: IDEX) (« Ideanomics » or the « Company ») has today announced a strategic partnership with Linghao Zhitong 3000, the leading SaaS platform for shipping and logistics management in…

Is Ideanomics a buy Zacks?

The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry .

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

Is IDEX a buy or sell?

IDEX has received a consensus rating of Buy. The company’s average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

Is IDEX a buy Zacks?

The company, with a $14.9-billion market capitalization, currently carries a Zacks Rank #2 (Buy). It is poised to benefit from a diversified business structure, strengthening end markets and buyouts in the quarters ahead.

What type of company is Ideanomics?

Ideanomics, Inc. operates as a financial technology company. The Company focuses on facilitating the adoption of commercial electric vehicles and developing next-generation financial services and Fintech products.

When did Ideanomics go public?

IDEX shares began trading publicly on the New York Stock Exchange on June 2, 1989. What was the IPO price? IDEX originally offered 3.3 million common shares at an initial price of $14.50.

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