Overseas Shipholding Group, Inc. (OSG) Stock: Here’s What’s Happening

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Overseas Shipholding Group, Inc. (OSG) is headed up in the market today. The stock, focused on the service space, is presently trading at $2.32 after climbing -6.83% so far today. In terms of service companies, there are quite a few factors that have the potential to cause gains in the market. One of the most common is news. Here are the most recent stories associated with OSG:

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Mar-13-19 07:56PM Edited Transcript of OSG earnings conference call or presentation 8-Mar-19 2:00pm GMT
Mar-08-19 07:30AM Overseas Shipholding Group Reports Fourth Quarter and Full Year 2018 Results
07:00AM Overseas Shipholding Group Inc Class A to Host Earnings Call
Mar-01-19 12:40PM Overseas Shipholding Group to Announce Fourth Quarter and Full Year 2018 Results on March 8, 2019
Jan-22-19 09:50AM Overseas Shipholding Group Inc. Exercises Option for Second 204,000 Barrel Barge at Gunderson Marine LLC

However, any time investors are making a decision to invest, prospective investors should look at far more than just news, this is especially the case in the ever highly complex service space. Here’s what’s happening with Overseas Shipholding Group, Inc..

Performance Trends That We’ve Seen From OSG

Although a gain in a single session, like the move that we’re seeing from Overseas Shipholding Group, Inc. may lead to fear in some investors, a single session fall alone shouldn’t be the reason for a decision to, or not to, invest in a company. It is generally smart to take a look at trends for a period longer than a single trading session. In the case of OSG, here are the trends that investors have seen:

  • Past 5 Sessions – Over the past 7 days, OSG has generated a change in value in the amount of 1.75%.
  • Past 30 Days – The performance from Overseas Shipholding Group, Inc. over the past month comes to 15.42%.
  • Past Quarter – Throughout the last 3 months, the stock has generated a return that comes to 34.10%
  • Past Six Months – Throughout the past six months, we have seen a change that works out to -30.33% from the company.
  • YTD – Since the open of this year OSG has produced a return on investment of 39.76%.
  • Full Year – Lastly, over the past full year, we’ve seen a change of -17.73% from OSG. Over this period, the stock has traded at a high price of -44.23% and a low of 51.63%.

Crucial Ratios

Digging into various key ratios associated with a stock can give investors a look of how risky and/or rewarding a an investment option may be. Here are some of the important ratios to look at when looking at OSG.

Short Ratio – The short ratio is a tool that’s used by investors to measure the level of short interest. As the ratio heads up, it means that more investors are expecting that the value of the stock is going to gain. Throughout the sector, strong service sector stocks can carry a lower short ratio. However, we also see quite a few short squeezes in the sector. Nonetheless, with regard to Overseas Shipholding Group, Inc., the stock’s short ratio clocks in at 1.44.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay its debts when they come due with only current assets or quick assets. come with great current and quick ratios. As far as OSG, the quick and current ratios total up to 0.30 and 0.40 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the price of shares. In the case of Overseas Shipholding Group, Inc., that ratio comes in at 3.77.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the value of the company’s stock. In this case, the cash to share value ratio is 1.40.

What Are Big Money Players Doing With Overseas Shipholding Group, Inc.

An interesting fact that I’ve come to understand so far in my brief period in existence is that smart money tends to follow big money players. Usually, investors that want to keep their investments relatively safe will keep an eye on moves made by institutional investors and those on the inside. With that said, where is the big money when it comes to OSG? Here’s what’s going on:

Institutions own 77.90% of the company. Institutional interest has moved by 5.18% over the past three months. When it comes to insiders, those who are close to the company currently own 1.70% percent of OSG shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What Analysts Think About Overseas Shipholding Group, Inc.

Although it’s rarely a smart idea to unknowingly follow the opinions of analysts, it is a good idea to consider their thoughts when validating your own due diligence when it comes to making investment decisions in the service sector. Here are the recent moves that we’ve seen from analysts with regard to OSG.

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What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, OSG has generated revenue in the amount of $-19.20% with earnings coming in at 14.90%. On a quarter over quarter basis, earnings have seen movement of 286.40% and revenue has seen movement of -13.70%.

A Look At Share Counts

Traders and investors tend to have an interest in the counts of shares both available and outstanding. In regard to Overseas Shipholding Group, Inc., there are currently 88.54M and there is a float of 83.19M. These data mean that out of the total of 88.54M shares of OSG currently in existence today, 83.19M are available to trade hands on the market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to OSG, the short percent of the float is 0.84%.

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