Release

Today’s Research Reports on Trending Tickers: Teva Pharmaceutical and Transocean

After posting its first weekly loss in two months on Friday, the Dow Jones and S&P 500 Index opened the week in the green on Monday. The Dow Jones Industrial Average gained 0.07 percent to close at 23,439.70, while the S&P 500 Index rose 0.10 percent to close at 2,584.84. The Nasdaq Composite Index increased 0.10 percent to close at 6,757.60. Major indexes were pressured Monday as shares of General Electric fell to its lowest in five years and worries about tax reform continued to grow. The Senate recently unveiled their own tax reform bill, which had some major differences from the House bill.

RDI Initiates Coverage on:

Teva Pharmaceutical Industries
https://rdinvesting.com/news/?ticker=TEVA

Transocean Ltd.
https://rdinvesting.com/news/?ticker=RIG

Teva Pharmaceutical’s stock edged 0.34% lower Monday, to close the day at $11.74. The stock recorded a trading volume of 16,182,039 shares, which was below its three months average volume of 24,369,478 shares. In the last year Teva Pharmaceutical’s shares have traded in a range of 10.85 – 41.19. The stock is currently trading 71.50% below its 52 week high. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $14.76 is below its 200-day moving average of $23.44. Shares of Teva Pharmaceutical have fallen roughly 21.63 percent in the past month and are down 67.61 percent year-to-date.

Access RDI’s Teva Pharmaceutical Industries Research Report at:
https://rdinvesting.com/news/?ticker=TEVA

On Monday, shares in Transocean recorded a trading volume of 8,675,603 shares, which was below the three months average volume of 15,721,645 shares. The stock ended the day 2.94% lower at 11.24. The share price has gained 56.11% from its 52 week low with a 52 week trading range of 7.20 – 16.66.The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $10.56 is greater than its 200-day moving average of $9.35. Shares of Transocean have gained roughly 3.5 percent in the past month and are down 23.74 percent year-to-date.

Access RDI’s Transocean Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=RIG

Our Actionable Research on Teva Pharmaceutical Industries (NYSE:TEVA) and Transocean Ltd. (NYSE:RIG) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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