A new trading day began on Tuesday, with SFL Corporation Ltd (NYSE: SFL) stock price down -3.12% from the previous day of trading, before settling in for the closing price of $11.86. SFL’s price has ranged from $10.27 to $14.62 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 12.81% over the last five years. Meanwhile, its annual earnings per share averaged 82.04%. With a float of $108.07 million, this company’s outstanding shares have now reached $137.47 million.
The firm has a total of 21 workers. Let’s measure their productivity. In terms of profitability, gross margin is 36.18%, operating margin of 34.29%, and the pretax margin is 16.1%.
SFL Corporation Ltd (SFL) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Marine Shipping Industry. The insider ownership of SFL Corporation Ltd is 25.83%, while institutional ownership is 30.69%.
SFL Corporation Ltd (SFL) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.23 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 82.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -7.70% during the next five years compared to -0.94% drop over the previous five years of trading.
SFL Corporation Ltd (NYSE: SFL) Trading Performance Indicators
Here are SFL Corporation Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.01.
Technical Analysis of SFL Corporation Ltd (SFL)
Analysing the last 5-days average volume posted by the [SFL Corporation Ltd, SFL], we can find that recorded value of 0.97 million was better than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 63.43%. Additionally, its Average True Range was 0.28.
During the past 100 days, SFL Corporation Ltd’s (SFL) raw stochastic average was set at 22.14%, which indicates a significant decrease from 31.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.16% in the past 14 days, which was lower than the 34.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.42, while its 200-day Moving Average is $12.61. Now, the first resistance to watch is $11.75. This is followed by the second major resistance level at $12.01. The third major resistance level sits at $12.18. If the price goes on to break the first support level at $11.33, it is likely to go to the next support level at $11.16. Now, if the price goes above the second support level, the third support stands at $10.90.
SFL Corporation Ltd (NYSE: SFL) Key Stats
With a market capitalization of 1.67 billion, the company has a total of 138,562K Shares Outstanding. Currently, annual sales are 752,290 K while annual income is 83,940 K. The company’s previous quarter sales were 190,920 K while its latest quarter income was 20,630 K.
