- RIG has 11x the normal benchmarked social activity for this time of the day compared to its average of 10.06 mentions/day.
- RIG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $264.5 million.
Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in RIG with the Ticky from Trade-Ideas. See the FREE profile for RIG NOW at Trade-Ideas More details on RIG: Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company provides deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services. The stock currently has a dividend yield of 7.8%. RIG has a PE ratio of 9.1. Currently there are 3 analysts that rate Transocean a buy, 4 analysts rate it a sell, and 12 rate it a hold.