Transocean Ltd (Switzerland) (RIG) Moves Higher on Volume Spike for September 25
Transocean Ltd (Switzerland) (RIG) traded on unusually high volume on Sep. 25, as the stock gained 1.38% to close at $13.97. Considering that the stock averages only a daily volume of 15.88 million shares a day over the last month, this represents a pretty significant bump in volume over the norm. Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. Headquartered in Steinhausen, , Transocean Ltd (Switzerland) has 4,900 employees and is currently under the leadership of CEO Jeremy D. Thigpen. For a complete fundamental analysis analysis of Transocean Ltd (Switzerland), check out Equities.com’s Stock Valuation Analysis report for RIG.