Overseas Shipholding Group (NYSE:OSG) Downgraded by ValuEngine to Sell

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Overseas Shipholding Group stock has undergone multiple analysts rating changes in the recent past.  Overseas Shipholding Group Downgraded by ValuEngine on 7/9/2020. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of Overseas Shipholding Group traded up $0.05 on Friday, reaching $2.06. 1006 shares of the stock traded hands, compared to its average volume of 419158. Shares of Overseas Shipholding Group were trading at $2.06 on Friday. The firm’s 50 day moving average is $2.14 and its 200 day moving average is $2.02.Overseas Shipholding Group  has a 12 month low of $2.01 and a 12 month high of $2.81. While on yearly highs and lows, Overseas Shipholding Group’s today has traded high as $2.06 and has touched $2.01 on the downward trend. See More Analyst Rating at: RATING

Overseas Shipholding Group Earnings and What to expect: 

Overseas Shipholding Group last announced its quarterly earnings data on May 8th, 2020. The transportation company reported $0.28 earnings per share (EPS) for the quarter. The company had revenue of $100.86 million for the quarter. Overseas Shipholding Group has generated $0.00 earnings per share over the last year and currently has a price-to-earnings ratio of 5.9. Overseas Shipholding Group has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, August 14th, 2020 based off prior year’s report dates.

The P/E ratio of Overseas Shipholding Group is 5.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.82. The P/E ratio of Overseas Shipholding Group is 5.88, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.14. Overseas Shipholding Group has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 2.78%
  • On 7/6/2020 Major Shareholder Saltchuk Resources, Inc. Buy 90,000 at average share price of $1.90 which equates to $171,000.00 in money value.
  • On 5/13/2020 Director Julie Silcock Buy 50,000 at average price of  $2.01 with total value of : Not Data Available
  • On 3/23/2020 CEO Samuel H Norton Buy 77,252 at average price of  $2.08 with total value of : $160,684.16

Other owners latest trading in Overseas Shipholding Group :

  • On 7/7/2020 shares held by Diversified Trust Co were 26,992 which equates to market value of $50K and appx 0.00% owners of Overseas Shipholding Group
  • On 6/19/2020 shares held by State Street Corp were 1,110,205 which equates to market value of $2.52M and appx 0.00% owners of Overseas Shipholding Group
  • On 6/16/2020 shares held by Royal Bank of Canada were 19,300 which equates to market value of $44K and appx 0.00% owners of Overseas Shipholding Group
  • In total Institutional ownership equates to Institutional Ownership Percentage: 48.98% for Overseas Shipholding Group

Analyst at ValuEngine are also talking about :

  • 7/9/2020 – X Financial was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 7/9/2020 – Valaris was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 7/9/2020 – Upwork was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 7/9/2020 – TPG RE Finance Trust was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.

Overseas Shipholding Group (NYSE:OSG) Moving Average Technical Analysis

5 day Moving Average is $1.94 And 5 day price change is $0.18 (9.89%)  with average volume for 5 day average is 468,300. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $1.98 and 20 day price change is -$0.50 (-20.00%) and average 20 day moving volume is 484,000. 50 day moving average is $2.14  and 50 day price change is -$0.65 ( -24.53%)  and with average volume for 50 days is : 431,010. 200 day moving average is $2.02  and 200 day price change is $0.17 (9.29%)  and with average volume for 200 days is : 396,753.

See More Analyst Rating at: RATING