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Transocean Ltd. press release

Shares of Transocean Ltd (Switzerland) (RIG) Have Risen Above Previous 52-Week High

NYSE - New York Stock Exchange · Oil · Natural Gas · Cobalt · Nickel · Copper · Manganese · Switzerland

Transocean Ltd (Switzerland) (NYSE:RIG)traded today at a new 52-week high of $5.44. So far today approximately 37.8 million shares have been exchanged, as compared to an average 30-day volume of 20.8 million shares.

Transocean Ltd commands one of the largest deep-water and ultra-deep-water fleets in the world. Its rigs operate globally, but the major deep-water basins are in West Africa, Brazil, and the Gulf of Mexico. Transocean's customers tend to be national oil companies, independents, and international oil companies.

Transocean Ltd (Switzerland) (NYSE:RIG) defies analysts with a current price ($5.15) 16.9% above its average consensus price target of $4.28.

Over the past year, Transocean Ltd (Switzerland) has traded in a range of $2.63 to $5.44 and is now at $5.15, 96% above that low.

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Earlier from Transocean Ltd.