Golden Ocean Group Limited (GOGL) concluded trading on Thursday at a closing price of $10.09, with 4.06 million shares of worth about $40.97 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -30.03% during that period and on November 28, 2024 the price saw a loss of about -7.09%. Currently the company’s common shares owned by public are about 199.63M shares, out of which, 119.11M shares are available for trading.
Stock saw a price change of -14.71% in past 5 days and over the past one month there was a price change of -6.92%. Year-to-date (YTD), GOGL shares are showing a performance of 3.38% which increased to 11.25% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.42 but also hit the highest price of $15.77 during that period. The average intraday trading volume for Golden Ocean Group Limited shares is 1.48 million. The stock is currently trading -11.65% below its 20-day simple moving average (SMA20), while that difference is down -14.34% for SMA50 and it goes to -20.58% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Golden Ocean Group Limited (NASDAQ: GOGL) currently have 199.63M outstanding shares and institutions hold larger chunk of about 32.85% of that.
The stock has a current market capitalization of $1.88B and its 3Y-monthly beta is at 1.21. PE ratio of stock for trailing 12 months is 9.41, while it has posted earnings per share of $1.07 in the same period. It has Quick Ratio of 1.00 while making debt-to-equity ratio of 0.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GOGL, volatility over the week remained 2.50% while standing at 1.98% over the month.
Stock’s fiscal year EPS is expected to rise by 122.52% while it is estimated to increase by 30.52% in next year. EPS is likely to grow at an annualized rate of -0.20% for next 5-years, compared to annual growth of -0.88% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on May 22, 2024 offering a Hold rating for the stock and assigned a target price of $15.50 to it. On October 24, 2023, Jefferies Upgrade their recommendations, while on September 26, 2022, Jefferies Downgrade their ratings for the stock with a price target of $10. Stock get a Buy rating from Jefferies on July 21, 2022.
