Golden Ocean Group Limited (NASDAQ: GOGL) kicked off on Friday, down -0.11% from the previous trading day, before settling in for the closing price of $9.26. Over the past 52 weeks, GOGL has traded in a range of $8.52-$15.77.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Industrials Sector giant was 14.03%. While this was happening, its average annual earnings per share was recorded 103.99%. With a float of $119.13 million, this company’s outstanding shares have now reached $200.03 million.
Let’s determine the extent of company efficiency that accounts for 38 employees. In terms of profitability, gross margin is 36.37%, operating margin of 34.54%, and the pretax margin is 23.95%.
Golden Ocean Group Limited (GOGL) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Marine Shipping Industry. The insider ownership of Golden Ocean Group Limited is 40.44%, while institutional ownership is 33.15%.
Golden Ocean Group Limited (GOGL) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 103.99% per share during the next fiscal year.
Golden Ocean Group Limited (NASDAQ: GOGL) Trading Performance Indicators
Take a look at Golden Ocean Group Limited’s (GOGL) current performance indicators. Last quarter, stock had a quick ratio of 1.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.83. Likewise, its price to free cash flow for the trailing twelve months is 6.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.21, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.16 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 1.7 million, which is a jump from its year-to-date volume of 1.65 million. As of the previous 9 days, the stock’s Stochastic %D was 86.98%. Additionally, its Average True Range was 0.25.
During the past 100 days, Golden Ocean Group Limited’s (GOGL) raw stochastic average was set at 14.84%, which indicates a significant decrease from 78.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.92% in the past 14 days, which was lower than the 33.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.50, while its 200-day Moving Average is $11.97. However, in the short run, Golden Ocean Group Limited’s stock first resistance to watch stands at $9.36. Second resistance stands at $9.48. The third major resistance level sits at $9.57. If the price goes on to break the first support level at $9.16, it is likely to go to the next support level at $9.07. Now, if the price goes above the second support level, the third support stands at $8.95.
Golden Ocean Group Limited (NASDAQ: GOGL) Key Stats
The company with the Market Capitalisation of 1.85 billion has total of 200,028K Shares Outstanding. Its annual sales at the moment are 885,770 K in contrast with the sum of 112,270 K annual income. Company’s last quarter sales were recorded 260,620 K and last quarter income was 56,330 K.
