On Tuesday, Golden Ocean Group Limited (NASDAQ: GOGL) opened higher 0.23% from the last session, before settling in for the closing price of $13.03. Price fluctuations for GOGL have ranged from $6.89 to $13.95 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 12.74%. Company’s average yearly earnings per share was noted 152.43% at the time writing. With a float of $118.71 million, this company’s outstanding shares have now reached $199.63 million.
Let’s determine the extent of company efficiency that accounts for 38 employees.
Golden Ocean Group Limited (GOGL) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Marine Shipping industry is another important factor to consider. The insider ownership of Golden Ocean Group Limited is 40.54%, while institutional ownership is 26.41%.
Golden Ocean Group Limited (GOGL) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 152.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.20% during the next five years compared to -0.88% drop over the previous five years of trading.
Golden Ocean Group Limited (NASDAQ: GOGL) Trading Performance Indicators
Check out the current performance indicators for Golden Ocean Group Limited (GOGL). In the past quarter, the stock posted a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.56, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.67 in one year’s time.
Technical Analysis of Golden Ocean Group Limited (GOGL)
Looking closely at Golden Ocean Group Limited (NASDAQ: GOGL), its last 5-days average volume was 1.26 million, which is a drop from its year-to-date volume of 1.8 million. As of the previous 9 days, the stock’s Stochastic %D was 47.39%. Additionally, its Average True Range was 0.33.
During the past 100 days, Golden Ocean Group Limited’s (GOGL) raw stochastic average was set at 84.41%, which indicates a significant increase from 50.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.20% in the past 14 days, which was lower than the 38.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.41, while its 200-day Moving Average is $9.31. However, in the short run, Golden Ocean Group Limited’s stock first resistance to watch stands at $13.14. Second resistance stands at $13.22. The third major resistance level sits at $13.34. If the price goes on to break the first support level at $12.94, it is likely to go to the next support level at $12.82. Now, if the price goes above the second support level, the third support stands at $12.74.
Golden Ocean Group Limited (NASDAQ: GOGL) Key Stats
There are currently 199,628K shares outstanding in the company with a market cap of 2.61 billion. Presently, the company’s annual sales total 885,770 K according to its annual income of 112,270 K. Last quarter, the company’s sales amounted to 254,200 K and its income totaled 57,470 K.
