Golden Ocean Group Limited (NASDAQ: GOGL) started the day on January 06, 2022, with a price increase of 2.34% at $9.62. During the day, the stock rose to $9.9827 and sunk to $9.59 before settling in for the price of $9.40 at the close. Taking a more long-term approach, GOGL posted a 52-week range of $4.63-$12.17.
It was noted that the giant of the Industrials sector posted annual sales growth of 26.20% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 33.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -471.00%. This publicly-traded company’s shares outstanding now amounts to $200.42 million, simultaneously with a float of $121.59 million. The organization now has a market capitalization sitting at $1.87 billion. At the time of writing, stock’s 50-day Moving Average stood at $8.75, while the 200-day Moving Average is $9.53.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 38 workers. It has generated 15,998,500 per worker during the last fiscal year. Meanwhile, its income per employee was -3,622,868. The stock had 6.46 Receivables turnover and 0.21 Total Asset turnover. For the Profitability, stocks gross margin was +7.25, operating margin was +4.99 and Pretax Margin of -22.62.
Golden Ocean Group Limited (GOGL) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Marine Shipping Industry. Golden Ocean Group Limited’s current insider ownership accounts for 5.60%, in contrast to 33.20% institutional ownership.
Golden Ocean Group Limited (GOGL) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2021, the organization reported $8.39 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $6.69) by $1.7. This company achieved a net margin of -22.65 while generating a return on equity of -9.55. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Golden Ocean Group Limited’s EPS decrease for this current 12-month fiscal period is -471.00% and is forecasted to reach 2.03 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -0.20% through the next 5 years, which can be compared against the 33.30% growth it accomplished over the previous five years trading on the market.
Golden Ocean Group Limited (NASDAQ: GOGL) Trading Performance Indicators
Let’s observe the current performance indicators for Golden Ocean Group Limited (GOGL). The Stock has managed to achieve an average true range (ATR) of 0.41. Alongside those numbers, its PE Ratio stands at $5.36, and its Beta score is 1.60. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.89. Similarly, its price to free cash flow for trailing twelve months is now 9.62.
In the same vein, GOGL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.79, a figure that is expected to reach 0.33 in the next quarter, and analysts are predicting that it will be 2.03 at the market close of one year from today.
Technical Analysis of Golden Ocean Group Limited (GOGL)
If we take a close look at the recent performances of Golden Ocean Group Limited (NASDAQ: GOGL), its last 5-days Average volume was 2.75 million that shows plunge from its year to date volume of 3.1 million. During the previous 9 days, stock’s Stochastic %D was recorded 76.98% While, its Average True Range was 0.39.
Raw Stochastic average of Golden Ocean Group Limited (GOGL) in the period of the previous 100 days is set at 44.38%, which indicates a major fall in contrast to 83.15% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.77% that was lower than 69.70% volatility it exhibited in the past 100-days period.