Stock To Watch: Transocean Partners LLC (NYSE:RIGP)


The leading market experts have placed a mean price target of $13.33 on Transocean Partners LLC (NYSE:RIGP) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.53 a share for the upcoming quarter and $1.88 for the current fiscal. Technical View The technical analysis of Transocean Partners LLC Common plainly substantiates that the 50-day moving average of Transocean Partners LLC Common is $12.11, and stock is hovering 0.87 or +7.15% distant from $12.11. It is noted that the 200-day MA is $9.84, and Transocean Partners LLC Common stock is $3.14 or +31.93% off from this point. Transocean Partners LLC (NYSE:RIGP) 52-week high is $13.92 and the 52-week low is $5.89. This explains if the stock moves $-0.94, it will post a 52-week high. In event of $+120.37% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Transocean Partners LLC Common , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Transocean Partners LLC (NYSE:RIGP) ratio came in at N/A. The stock last ended the trading session at $12.98 and registered a market cap of $889.14M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Transocean Partners LLC (NYSE:RIGP) PEG ratio is at 0.22.

1 Chart Pattern Every Investor Should Know

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