Overseas Shipholding Group (OSG) Given News Sentiment Score of 0.04
Press coverage about Overseas Shipholding Group (NYSE:OSG) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Overseas Shipholding Group earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 46.6339227746714 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, ValuEngine downgraded shares of Overseas Shipholding Group from a “hold” rating to a “sell” rating in a research report on Thursday, September 7th.
Shares of Overseas Shipholding Group (NYSE OSG) traded up $0.09 during trading hours on Friday, hitting $2.65. 290,340 shares of the company were exchanged, compared to its average volume of 448,220. The company has a current ratio of 2.38, a quick ratio of 2.26 and a debt-to-equity ratio of 1.62. Overseas Shipholding Group has a twelve month low of $1.96 and a twelve month high of $8.27. The company has a market cap of $198.86, a P/E ratio of 3.44 and a beta of 2.04.
Overseas Shipholding Group (NYSE:OSG) last posted its earnings results on Thursday, November 9th. The transportation company reported ($0.07) EPS for the quarter. Overseas Shipholding Group had a positive return on equity of 26.01% and a negative net margin of 66.23%. The firm had revenue of $93.27 million during the quarter. During the same period last year, the business posted ($0.59) EPS.
In other news, insider Samuel H. Norton bought 32,800 shares of the firm’s stock in a transaction on Friday, August 25th. The stock was purchased at an average price of $2.02 per share, for a total transaction of $66,256.00. Following the transaction, the insider now owns 125,531 shares in the company, valued at $253,572.62. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Samuel H. Norton bought 20,000 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The stock was purchased at an average price of $2.00 per share, with a total value of $40,000.00. Following the transaction, the chief executive officer now owns 125,531 shares in the company, valued at approximately $251,062. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 55,600 shares of company stock valued at $111,912.
About Overseas Shipholding Group
Overseas Shipholding Group, Inc (OSG) is a tanker company engaged primarily in the ocean transportation of crude oil and petroleum products. The Company’s vessel operations are organized into strategic business units and focused on market segments: crude oil, refined petroleum products and the United States Flag.
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