Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $10.99 in the prior trading day, SFL Corporation Ltd (NYSE: SFL) closed at $10.37, down -5.64%. In other words, the price has decreased by -$5.64 from its previous closing price. On the day, 1.55 million shares were traded. SFL stock price reached its highest trading level at $10.84 during the session, while it also had its lowest trading level at $10.29.
Ratios:
Our goal is to gain a better understanding of SFL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.38. In the meantime, Its Debt-to-Equity ratio is 2.52 whereas as Long-Term Debt/Eq ratio is at 1.91.
On August 18, 2023, Pareto Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $11.
DNB Markets Downgraded its Buy to Hold on November 09, 2021, while the target price for the stock was maintained at $8.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 07 ’24 when Olesen Aksel bought 43,708 shares for $11.73 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SFL now has a Market Capitalization of 1388988928 and an Enterprise Value of 4126099200. As of this moment, SFL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.26, and their Forward P/E ratio for the next fiscal year is 26.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 4.71 whereas that against EBITDA is 7.526.
Stock Price History:
The Beta on a monthly basis for SFL is 0.70, which has changed by -0.13871473 over the last 52 weeks, in comparison to a change of 0.20652604 over the same period for the S&P500. Over the past 52 weeks, SFL has reached a high of $14.62, while it has fallen to a 52-week low of $9.64. The 50-Day Moving Average of the stock is -0.97%, while the 200-Day Moving Average is calculated to be -12.02%.
Shares Statistics:
The stock has traded on average 842.65K shares per day over the past 3-months and 583640 shares per day over the last 10 days, according to various share statistics. A total of 133.94M shares are outstanding, with a floating share count of 108.07M. Insiders hold about 25.83% of the company’s shares, while institutions hold 33.75% stake in the company. Shares short for SFL as of 1738281600 were 1969651 with a Short Ratio of 2.34, compared to 1735603200 on 1615872. Therefore, it implies a Short% of Shares Outstanding of 1969651 and a Short% of Float of 1.82.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.9.
