Overseas Shipholding Group Inc. (NYSE: OSG) is 22.15% higher on its value in year-to-date trading and has touched a low of $1.90 and a high of $3.94 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OSG stock was last observed hovering at around $3.57 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $3.53, the stock is -5.16% and -0.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.63 million and changing -1.12% at the moment leaves the stock 21.08% off its SMA200. OSG registered 67.30% gain for a year compared to 6-month gain of 6.97%.
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The stock witnessed a -6.37% loss in the last 1 month and extending the period to 3 months gives it a 23.00%, and is -4.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.27% over the week and 3.85% over the month.
Overseas Shipholding Group Inc. (OSG) has around 953 employees, a market worth around $299.91M and $466.80M in sales. Current P/E ratio is 11.89. Profit margin for the company is -3.50%. Distance from 52-week low is 85.49% and -10.52% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.40%).
Overseas Shipholding Group Inc. (OSG) Analyst Forecasts
The EPS is expected to shrink by -254.60% this year
Overseas Shipholding Group Inc. (OSG) Top Institutional Holders
The shares outstanding are 88.17M, and float is at 67.47M with Short Float at 0.54%.
Overseas Shipholding Group Inc. (OSG) Insider Activity
A total of 49 insider transactions have happened at Overseas Shipholding Group Inc. (OSG) in the last six months, with sales accounting for 48 and purchases happening 1 times. The most recent transaction is an insider sale by SILCOCK JULIE, the company’s Director. SEC filings show that SILCOCK JULIE sold 78,416 shares of the company’s common stock on Mar 14 at a price of $3.54 per share for a total of $0.28 million. Following the sale, the insider now owns 0.16 million shares.
Overseas Shipholding Group Inc. disclosed in a document filed with the SEC on Mar 14 that WHEAT DOUGLAS D (Chairman of the Board) sold a total of 49,616 shares of the company’s common stock. The trade occurred on Mar 14 and was made at $3.51 per share for $0.17 million. Following the transaction, the insider now directly holds 0.35 million shares of the OSG stock.
Still, SEC filings show that on Mar 13, WHEAT DOUGLAS D (Chairman of the Board) disposed off 90,384 shares at an average price of $3.51 for $0.32 million. The insider now directly holds 403,249 shares of Overseas Shipholding Group Inc. (OSG).