Golden Ocean Group Limited (GOGL) concluded trading on Thursday at a closing price of $8.17, with 5.17 million shares of worth about $42.22 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -7.58% during that period and on July 10, 2025 the price saw a gain of about 5.15%. Currently the company’s common shares owned by public are about 199.40M shares, out of which, 99.51M shares are available for trading.
Stock saw a price change of 4.34% in past 5 days and over the past one month there was a price change of 6.24%. Year-to-date (YTD), GOGL shares are showing a performance of -38.34% which decreased to -8.82% 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 $13.50 during that period. The average intraday trading volume for Golden Ocean Group Limited shares is 2.46 million. The stock is currently trading 5.41% above its 20-day simple moving average (SMA20), while that difference is up 5.97% for SMA50 and it goes to -11.10% lower than SMA200.
Golden Ocean Group Limited (NASDAQ: GOGL) currently have 199.40M outstanding shares and institutions hold larger chunk of about 31.39% of that.
The stock has a current market capitalization of $1.63B and its 3Y-monthly beta is at 1.12. PE ratio of stock for trailing 12 months is 14.38, while it has posted earnings per share of $0.57 in the same period. Its PEG reads 0.54 and has Quick Ratio of 0.81 while making debt-to-equity ratio of 0.79. 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 3.00% while standing at 2.39% over the month.
Stock’s fiscal year EPS is expected to drop by -39.21% while it is estimated to increase by 172.26% in next year. EPS is likely to shrink at an annualized rate of 26.78% 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.
