Media stories about Overseas Shipholding Group (NYSE:OSG) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Overseas Shipholding Group earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 46.1805099952867 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Separately, ValuEngine downgraded 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 down 0.80% during trading on Friday, hitting $2.49. The stock had a trading volume of 323,555 shares. The stock’s market cap is $186.83 million. The stock’s 50 day moving average price is $2.59 and its 200-day moving average price is $2.59. Overseas Shipholding Group has a one year low of $2.35 and a one year high of $9.85.
Overseas Shipholding Group (NYSE:OSG) last announced its earnings results on Wednesday, August 9th. The transportation company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $96.23 million during the quarter. Overseas Shipholding Group had a negative net margin of 71.11% and a positive return on equity of 10.95%. Analysts expect that Overseas Shipholding Group will post $0.87 earnings per share for the current fiscal year.
In other Overseas Shipholding Group news, CEO Samuel H. Norton acquired 20,000 shares of Overseas Shipholding Group stock in a transaction dated Wednesday, August 23rd. The stock was bought at an average price of $2.00 per share, for a total transaction 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 acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Paulson & Co. Inc. sold 116,881 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $2.25, for a total transaction of $262,982.25. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 55,600 shares of company stock valued at $111,912.
Overseas Shipholding Group Company Profile
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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