News Recap: Transocean Ltd. (NYSE:RIG) , Parsley Energy, Inc. (NYSE:PE)

On 11/30/2016, Shares of Transocean Ltd. (NYSE:RIG) closed at $12.90 in last trading day. After noting the initial trading entry at $11.82, it reached to a day’s high of $13.28 and moved to a day’s low of $11.82. The recent daily volume was 43.16 million as contrast to it’s an average volume of 15.29 million.

Technical Indicators:

The last close of the Transocean Ltd. stock reflects that it traded up +22.98% from its 50-day moving average of $10.49. The stock traded above +22.66% to its 200-day MA of $10.52. Furthermore, it moved  lower -11.03% from its 52-week high of $14.50 and +68.19% up from $7.67, which is 52-week low of the stock.

The 31 analysts offering 12-month price forecasts for Transocean Ltd have a median target of 10.00, with a high estimate of 14.00 and a low estimate of 6.00. The median estimate represents a -22.48% decrease from the last price of 12.90, according to CNN MONEY.

The current consensus among 38 polled investment analysts is to hold stock in Transocean Ltd. This rating has held steady since November, when it was unchanged from a hold rating.

Parsley Energy, Inc. (NYSE:PE) finalized the last transaction at value of $38.15, with a daily change of +15.75% or +5.19 points. The company maintained volume of 14.25 million shares. In past trading day, the stock hit the maximum price of $38.67 and touched to minimum value of $34.61. It has a market cap of $ 6.85B.

Technical Indicators:

As of last trade close, the stock is trading  downside -1.34% from its one year high of $38.67 and moved +162.92%  upward from $14.51, which is one year low of the stock.

The stock traded above +9.29% from its 50-day moving average of $34.91. Furthermore, the stock moved up +22.46% to its 200-day MA of $ 31.15.

According to CNN MONEY data, The 31 analysts offering 12-month price forecasts for Parsley Energy Inc have a median target of 42.00, with a high estimate of 51.00 and a low estimate of 36.00. The median estimate represents a +10.09% increase from the last price of 38.15.

The current consensus among 32 polled investment analysts is to buy stock in Parsley Energy Inc. This rating has held steady since November, when it was unchanged from a buy rating.

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