Analyst Stance On Two Stocks: Transocean Ltd. (RIG), Aytu BioScience, Inc. (AYTU)

The recently concluded session had traders exchanging Transocean Ltd. (NYSE:RIG) high level. Roughly 26.14 million shares changed hands compared to the three-month volume average 15.01 million shares. The first trade took place at $12.19 and the stock went up 3.5% to attain the closing price of $12.43.

Transocean Ltd. (RIG) Analyst Opinion

Transocean Ltd. has a consensus hold rating from 32 Wall Street analysts, and the number of shares currently sold short amount to at least 19.69% of shares outstanding. The stock spiked 28.94% last month and is up 16.39 this year. Wall Street is only getting more bullish on the stock, with 15 of analysts who cover RIG having a buy-equivalent rating. Analysts have placed a $12.14 price target on Transocean Ltd., suggesting a -2.33% decline from recent close. It’s currently trading about 0.24% above its 52-week high.

Transocean Ltd. Earnings Surprise

Transocean Ltd. (RIG) surprised the stock market in its last reported earnings when it earned -$0.24 a piece versus the consensus-estimated -$0.28. Its revenue totaled $620.08 million down -12.54% from the previous quarter.

Transocean Ltd. (NYSE:RIG) Intraday View

This stock (RIG) is ahead of its 52-week low with 72.64%. Its last month’s stock price volatility remained 4.71% which for the week stands at 4.45%. The share price has moved forward from its 20 days moving average, trading at a distance of 20.26% and stays 26.43% away from its 50 days moving average. Over the last five days, shares have managed 11.18% gains and now is up 26.85% since hitting its 200-day moving average of $10.35. Transocean Ltd. (RIG) has made its way to a 12-month gain of 6.79%.

Turning to Aytu BioScience, Inc. (NASDAQ:AYTU), its shares were trading at $0.53 a gain of $0.01, on the trading floor. The stock, after opening at $0.525, touched a high of $0.56 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Aytu BioScience, Inc. has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -96.65% from its high of $15.80 to a $13.64 million market value through last close.

Aytu BioScience, Inc. (AYTU) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1 to 1 during a month. Analysts set a 12-month price target of $10 a share. The target implies a 1786.79% spike from where the shares are currently trading. Also, the current price highlights a discount of 1786.79% to analysts’ high consensus price target.

Aytu BioScience, Inc. (NASDAQ:AYTU) Intraday Trading

The counter witnessed a trading volume of 1.73 million shares versus an average volume of 2.31 million shares during last trading session. Its last month’s stock price volatility remained 9.24% which for the week approaches 13.77%. The lowest price the stock reached in the last trading day was $0.525 and compares with the $0.38 52-week low. The stock recovered 39.47% since its low point and has performed -76.23% year-to-date.

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