SFL Corporation Ltd (SFL) is destined for greater heights as its last quarter sales were 192,590 K

Zack King

SFL Corporation Ltd (NYSE: SFL) kicked off on Tuesday, up 3.84% from the previous trading day, before settling in for the closing price of $7.03. Over the past 52 weeks, SFL has traded in a range of $6.73-$11.18.

Annual sales at Industrials sector company grew by 3.93% over the past five years. While this was happening, its average annual earnings per share was recorded -101.46%. With a float of $95.37 million, this company’s outstanding shares have now reached $144.50 million.

Let’s look at the performance matrix of the company that is accounted for 24 employees.

SFL Corporation Ltd (SFL) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Marine Shipping Industry. The insider ownership of SFL Corporation Ltd is 28.16%, while institutional ownership is 33.63%.

SFL Corporation Ltd (SFL) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.36 earnings per share (EPS), lower than consensus estimate (set at 0.37) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -101.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -25.16% during the next five years compared to 3.93% growth over the previous five years of trading.

SFL Corporation Ltd (NYSE: SFL) Trading Performance Indicators

Take a look at SFL Corporation Ltd’s (SFL) current performance indicators. Last quarter, stock had a quick ratio of 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.25 in one year’s time.

Technical Analysis of SFL Corporation Ltd (SFL)

SFL Corporation Ltd (NYSE: SFL) saw its 5-day average volume 1.13 million, a negative change from its year-to-date volume of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 75.31%.

During the past 100 days, SFL Corporation Ltd’s (SFL) raw stochastic average was set at 20.28%, which indicates a significant decrease from 95.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.18 in the past 14 days, which was lower than the 0.21 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.68, while its 200-day Moving Average is $8.63. Nevertheless, the first resistance level for the watch stands at $7.43 in the near term. At $7.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.77. If the price goes on to break the first support level at $7.08, it is likely to go to the next support level at $6.86. Assuming the price breaks the second support level, the third support level stands at $6.74.

SFL Corporation Ltd (NYSE: SFL) Key Stats

The company with the Market Capitalisation of 968.99 million has total of 145,709K Shares Outstanding. Its annual sales at the moment are 904,400 K in contrast with the sum of 130,650 K annual income. Company’s last quarter sales were recorded 192,590 K and last quarter income was 1,460 K.

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