Transocean Ltd. (NYSE:RIG) runs in leading trade, it are increasing 0.82% to traded at $9.78. RIG attains analyst recommendation of 3.40 on scale of 1-5 with week’s performance of -5.78%.
To find out the technical position of RIG, it holds price to book ratio of 0.24 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach, and price to earnings ratio calculated as 2.83. RIG is presenting price to cash flow of 1.70.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 141.60%, and looking further price to next year’s EPS is -144.70%. While take a short look on price to sales ratio, that was 0.64 and price to earning ration of 2.83 attracting passive investors.
AngloGold Ashanti Ltd. (NYSE:AU) kept active in under and overvalue discussion, AU holds price to book ratio of 2.29 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation.
Fundament/ News Factor in Focus
Taking look on ratio analysis, AU has forward price to earnings ratio of 7.42. The co is presenting price to cash flow as 14.01 , the low single digit may indicate stock is undervalued and vise versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.
The firm has price volatility of 3.76% for a week and 3.92% for a month. Its beta stands at -1.18 times. Narrow down four to firm performance, its weekly performance was -0.52% and monthly performance was -12.39%.