Safe Bulkers, Inc (NYSE: SB) kicked off on Monday, up 3.13% from the previous trading day, before settling in for the closing price of $3.84. Over the past 52 weeks, SB has traded in a range of $3.62-$6.33.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 11.24%. While this was happening, its average annual earnings per share was recorded 27.06%. With a float of $58.39 million, this company’s outstanding shares have now reached $106.77 million.
The extent of productivity of a business whose workforce counts for 1102 workers is very important to gauge. In terms of profitability, gross margin is 47.17%, operating margin of 41.32%, and the pretax margin is 33.17%.
Safe Bulkers, Inc (SB) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Marine Shipping Industry. The insider ownership of Safe Bulkers, Inc is 45.31%, while institutional ownership is 28.76%.
Safe Bulkers, Inc (SB) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% during the next five years compared to 30.64% growth over the previous five years of trading.
Safe Bulkers, Inc (NYSE: SB) Trading Performance Indicators
Take a look at Safe Bulkers, Inc’s (SB) current performance indicators. Last quarter, stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.71 in one year’s time.
Technical Analysis of Safe Bulkers, Inc (SB)
The latest stats from [Safe Bulkers, Inc, SB] show that its last 5-days average volume of 0.91 million was superior to 0.68 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.59%. Additionally, its Average True Range was 0.15.
During the past 100 days, Safe Bulkers, Inc’s (SB) raw stochastic average was set at 12.68%, which indicates a significant decrease from 35.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.58% in the past 14 days, which was higher than the 32.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.36, while its 200-day Moving Average is $4.99. Now, the first resistance to watch is $4.04. This is followed by the second major resistance level at $4.11. The third major resistance level sits at $4.20. If the price goes on to break the first support level at $3.87, it is likely to go to the next support level at $3.78. The third support level lies at $3.71 if the price breaches the second support level.
Safe Bulkers, Inc (NYSE: SB) Key Stats
The company with the Market Capitalisation of 422.81 million has total of 106,778K Shares Outstanding. Its annual sales at the moment are 284,400 K in contrast with the sum of 77,350 K annual income. Company’s last quarter sales were recorded 75,920 K and last quarter income was 25,120 K.
