Yahoo Finance Today's Research Reports on Trending Tickers: Seadrill Limited and Transocean
NEW YORK, NY / ACCESSWIRE / November 8, 2017 / U.S. markets retreated from their record highs Tuesday on mixed earnings and falling bond yields. The Dow Jones Industrial Average gained 0.04 percent to close at 23,557.23, while the S&P 500 Index fell 0.02 percent to close at 2,590.64. The NASDAQ Composite Index dropped 0.27 percent to close at 6,767.78. Financial stocks were hit the hardest Tuesday as the Financial Select Sector SPDR Fund declined 1.38 percent. The yield on the benchmark 10-year Treasury note dropped to 2.309 percent, from 2.318 percent Monday.
RDI Initiates Coverage on:
Seadrill Limited
https://rdinvesting.com/news/?ticker=SDRL
Transocean Ltd.
https://rdinvesting.com/news/?ticker=RIG
Seadrill Limited's stock jumped 34.58% Tuesday, to close the day at $0.41. The stock recorded a trading volume of 36,472,143 shares, which was above its three months average volume of 10,332,187 shares. In the last year, Seadrill Limited's shares have traded in a range of 0.15 - 4.59. The share price has gained 173.33% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $0.32 is below its 200-day moving average of $0.39. Shares of Seadrill have gained roughly 8.37 percent in the past month and are down 87.92 percent year-to-date.
Access RDI's Seadrill Limited Research Report at:
https://rdinvesting.com/news/?ticker=SDRL
On Tuesday, shares in Transocean Ltd. recorded a trading volume of 11,786,589 shares, which was below the three months average volume of 15,825,580 shares. The stock ended the day 0.53% lower at 11.18. The share price has gained 55.28% from its 52-week low with a 52-week trading range of 7.20 - 16.66.The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $10.30 is greater than its 200-day moving average of $9.35. Shares of Transocean have gained roughly 8.44 percent in the past month and are down 24.15 percent year-to-date.
Access RDI's Transocean Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=RIG
Our Actionable Research on Seadrill Limited (NYSE: SDRL) and Transocean Ltd. (NYSE: RIG) can be downloaded free of charge at Research Driven Investing.
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