Safe Bulkers, Inc (NYSE: SB) on Monday, soared 3.42% from the previous trading day, before settling in for the closing price of $3.51. Within the past 52 weeks, SB’s price has moved between $3.40 and $6.33.
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A company in the Industrials sector has jumped its sales by 11.24% annually for the last half of the decade. The company achieved an average annual earnings per share of 25.24%. With a float of $58.39 million, this company’s outstanding shares have now reached $106.77 million.
In an organization with 1102 employees, it is important to assess its efficiency. 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 Updates
Observing investor behavior towards Marine Shipping industry stocks is more important than anything else. The insider ownership of Safe Bulkers, Inc is 45.31%, while institutional ownership is 28.76%.
Safe Bulkers, Inc (SB) Performance Highlights and Predictions
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 25.24% 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
Safe Bulkers, Inc (SB) is currently performing well based on its current performance indicators. A quick ratio of 1.34 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.57 in one year’s time.
Technical Analysis of Safe Bulkers, Inc (SB)
Let’s dig in a bit further. During the last 5-days, its volume was 0.76 million. That was better than the volume of 0.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.47%. Additionally, its Average True Range was 0.14.
During the past 100 days, Safe Bulkers, Inc’s (SB) raw stochastic average was set at 12.53%, which indicates a significant decrease from 33.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.84% in the past 14 days, which was higher than the 31.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.09, while its 200-day Moving Average is $4.94. However, in the short run, Safe Bulkers, Inc’s stock first resistance to watch stands at $3.68. Second resistance stands at $3.73. The third major resistance level sits at $3.81. If the price goes on to break the first support level at $3.56, it is likely to go to the next support level at $3.48. Assuming the price breaks the second support level, the third support level stands at $3.43.
Safe Bulkers, Inc (NYSE: SB) Key Stats
Market capitalization of the company is 388.68 million based on 106,778K outstanding shares. Right now, sales total 284,400 K and income totals 77,350 K. The company made 75,920 K in profit during its latest quarter, and 25,120 K in sales during its previous quarter.
