Market Insight: SFL Corporation Ltd (SFL)’s Notable Gain, Closing at 10.86

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In the latest session, SFL Corporation Ltd (NYSE: SFL) closed at $10.86 up 0.37% from its previous closing price of $10.82. In other words, the price has increased by $0.37 from its previous closing price. On the day, 0.53 million shares were traded. SFL stock price reached its highest trading level at $10.86 during the session, while it also had its lowest trading level at $10.745.

Ratios:

For a deeper understanding of SFL Corporation Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.34. In the meantime, Its Debt-to-Equity ratio is 2.58 whereas as Long-Term Debt/Eq ratio is at 1.65.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1582399616 and an Enterprise Value of 3851458048. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 4.663 whereas that against EBITDA is 7.54.

Stock Price History:

Over the past 52 weeks, SFL has reached a high of $14.62, while it has fallen to a 52-week low of $10.27. The 50-Day Moving Average of the stock is -4.88%, while the 200-Day Moving Average is calculated to be -13.86%.

Shares Statistics:

For the past three months, SFL has traded an average of 1.16M shares per day and 549480 over the past ten days. A total of 137.47M shares are outstanding, with a floating share count of 108.07M. Insiders hold about 25.83% of the company’s shares, while institutions hold 30.21% stake in the company. Shares short for SFL as of 1727654400 were 1120355 with a Short Ratio of 0.97, compared to 1724976000 on 1320520. Therefore, it implies a Short% of Shares Outstanding of 1120355 and a Short% of Float of 0.9299999999999999.

Dividends & Splits

According to the company, the forward annual dividend rate for SFL is 1.05, from 1.05 in the trailing year. Against a Trailing Annual Dividend Yield of 0.097042516The stock’s 5-year Average Dividend Yield is 9.89.

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