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Today’s Research Reports on Trending Tickers: Ensco and Transocean

NEW YORK, NY / ACCESSWIRE / April 6, 2018 / U.S. markets ended higher on Thursday for their third straight daily gain as technology stocks recover from a series of shortcomings. The Dow Jones Industrial Average rose to 24,505.22, an increase of 0.99 percent, while the S&P 500 Index gained 0.69 percent to close at 2,662.84, led by a 1.8% gain for energy as crude prices gained, and a 1.9% climb in the materials sector. The Nasdaq Composite Index jumped 0.49 percent to close at 7,076.55. Gains in the Nasdaq were short as weakness in chip makers pressured the overall technology sector.

RDI Initiates Coverage on:

Ensco plc.
https://rdinvesting.com/news/?ticker=ESV

Transocean Ltd.
https://rdinvesting.com/news/?ticker=RIG

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Ensco's stock moved 4.65% higher Thursday, to close the day at $4.73. The stock recorded a trading volume of 9,545,776 shares, which was below its three months average volume of 13,553,967 shares. In the last year, Ensco's shares have traded in a range of 4.10 - 9.50. The share price has gained 15.37% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $4.71 is below its 200-day moving average of $5.51. Shares of Ensco have gained roughly 1.28 percent in the past month and are down 19.97 percent year-to-date.

Access RDI's Ensco plc. Research Report at:
https://rdinvesting.com/news/?ticker=ESV

On Thursday, shares of Transocean recorded a trading volume of 12,822,205 shares, which was below the three months average volume of 14,123,381 shares. The stock ended the day 4.07% higher at 9.98. The share price has gained 38.61% from its 52-week low with a 52-week trading range of 7.20 - 12.82. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $9.62 is below its 200-day moving average of $10.29. Shares of Transocean have gained roughly 3.42 percent in the past month and are down 6.55 percent year-to-date.

Access RDI's Transocean Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=RIG

Our Actionable Research on Ensco plc. (NYSE:ESV) and Transocean Ltd. (NYSE:RIG) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com