Transocean's high P/S ratio is justified by its forecasted r...
Transocean's high P/S ratio is justified by its forecasted revenue growth, outpacing the Energy Services industry. Shareholders' confidence in future revenues supports this high ratio, making a significant share price drop unlikely soon.
Transocean Ltd. (NYSE:RIG) Looks Just Right With A 31% Price Jump
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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