Golden Ocean Group Limited (GOGL) concluded trading on Wednesday at a closing price of $7.65, with 10.63 million shares of worth about $81.35 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.18% during that period and on April 23, 2025 the price saw a gain of about 8.66%. Currently the company’s common shares owned by public are about 199.40M shares, out of which, 104.16M shares are available for trading.
Stock saw a price change of 8.05% in past 5 days and over the past one month there was a price change of -3.04%. Year-to-date (YTD), GOGL shares are showing a performance of -14.62% which decreased to -41.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.27 but also hit the highest price of $15.77 during that period. The average intraday trading volume for Golden Ocean Group Limited shares is 4.17 million. The stock is currently trading 2.57% above its 20-day simple moving average (SMA20), while that difference is down -7.30% for SMA50 and it goes to -26.40% lower than SMA200.
Golden Ocean Group Limited (NASDAQ: GOGL) currently have 199.40M outstanding shares and institutions hold larger chunk of about 33.41% of that.
The stock has a current market capitalization of $1.53B and its 3Y-monthly beta is at 1.13. PE ratio of stock for trailing 12 months is 6.85, while it has posted earnings per share of $1.12 in the same period. Its PEG reads 0.28 and has Quick Ratio of 1.06 while making debt-to-equity ratio of 0.73. 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 2.70% while standing at 5.07% over the month.
Stock’s fiscal year EPS is expected to drop by -38.10% while it is estimated to increase by 157.50% in next year. EPS is likely to shrink at an annualized rate of 24.55% for next 5-years, compared to annual growth of 33.97% 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.
