Safe Bulkers, Inc (NYSE: SB) kicked off on Friday, down -0.55% from the previous trading day, before settling in for the closing price of $3.61. Over the past 52 weeks, SB has traded in a range of $3.31-$6.33.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 13.46%. While this was happening, its average annual earnings per share was recorded 23.85%. With a float of $58.38 million, this company’s outstanding shares have now reached $106.77 million.
Considering the fact that the conglomerate employs 1102 people, you should pay attention to its efficiency factor. 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 Activity
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 45.33%, while institutional ownership is 28.49%.
Safe Bulkers, Inc (SB) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.86% 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 1.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of Safe Bulkers, Inc (SB)
Compared to the last year’s volume of 0.66 million, its volume of 0.44 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 42.18%. Additionally, its Average True Range was 0.12.
During the past 100 days, Safe Bulkers, Inc’s (SB) raw stochastic average was set at 14.55%, which indicates a significant decrease from 49.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.33% in the past 14 days, which was higher than the 32.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.59, while its 200-day Moving Average is $4.70. Nevertheless, the first resistance level for the watch stands at $3.66 in the near term. At $3.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.78. If the price goes on to break the first support level at $3.54, it is likely to go to the next support level at $3.49. Should the price break the second support level, the third support level stands at $3.42.
Safe Bulkers, Inc (NYSE: SB) Key Stats
The company with the Market Capitalisation of 383.30 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.
