In trading on Friday, shares of Transocean Ltd (NYSE:RIG) crossed above their 200 day moving average of $69.36, changing hands as high as $69.73 per share. Transocean Ltd shares are currently trading up about 3.1% on the day. The chart below shows the one year performance of RIG shares, versus its 200 day moving average:
Looking at the chart above, RIG's low point in its 52 week range is $41.88 per share, with $85.98 as the 52 week high point — that compares with a last trade of $69.66.
According to the ETF Finder at ETF Channel, RIG makes up 10.00% of the Oil Services HOLDRS ETF (AMEX:OIH) which is trading up by about 1.1% on the day Friday.
RIG operates in the Oil & Gas Exploration & Production sector, among companies like Denbury Resources, Inc. (NYSE:DNR) which is off about 0.3% today, and Range Resources Corp (NYSE:RRC) trading higher by about 0.1%. Below is a three month price history chart comparing the stock performance of RIG, versus DNR and RRC.
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