For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
SFL Corporation Ltd (NYSE: SFL) closed the day trading at $8.11 down -3.34% from the previous closing price of $8.39. In other words, the price has decreased by -$3.34 from its previous closing price. On the day, 1.69 million shares were traded. SFL stock price reached its highest trading level at $8.52 during the session, while it also had its lowest trading level at $8.061.
Ratios:
For a better understanding of SFL, let’s 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 1086277632 and an Enterprise Value of 3787455744. As of this moment, SFL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.02, and their Forward P/E ratio for the next fiscal year is 23.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 4.236 whereas that against EBITDA is 6.924.
Stock Price History:
The Beta on a monthly basis for SFL is 0.61, which has changed by -0.36690086 over the last 52 weeks, in comparison to a change of 0.07903516 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 $8.19. The 50-Day Moving Average of the stock is -18.93%, while the 200-Day Moving Average is calculated to be -28.23%.
Shares Statistics:
Over the past 3-months, SFL traded about 1.17M shares per day on average, while over the past 10 days, SFL traded about 1828150 shares per day. A total of 133.94M shares are outstanding, with a floating share count of 96.31M. Insiders hold about 28.10% of the company’s shares, while institutions hold 34.89% stake in the company. Shares short for SFL as of 1740700800 were 2787788 with a Short Ratio of 2.39, compared to 1738281600 on 1969651. Therefore, it implies a Short% of Shares Outstanding of 2787788 and a Short% of Float of 2.5799999000000002.
Dividends & Splits
SFL’s forward annual dividend rate is 1.34, up from 1.08 a year ago. Against a Trailing Annual Dividend Yield of 0.12872468The stock’s 5-year Average Dividend Yield is 9.91.
