In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, SFL Corporation Ltd (NYSE: SFL) closed at $10.55 down -2.68% from its previous closing price of $10.84. In other words, the price has decreased by -$2.68 from its previous closing price. On the day, 0.98 million shares were traded. SFL stock price reached its highest trading level at $10.825 during the session, while it also had its lowest trading level at $10.52.
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 0.50 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 2.48 whereas as Long-Term Debt/Eq ratio is at 1.93.
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 1413098624 and an Enterprise Value of 4067164416. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 4.643 whereas that against EBITDA is 7.418.
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 $9.64. The 50-Day Moving Average of the stock is 1.23%, while the 200-Day Moving Average is calculated to be -11.75%.
Shares Statistics:
For the past three months, SFL has traded an average of 885.47K shares per day and 890340 over the past ten days. 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 32.86% stake in the company. Shares short for SFL as of 1735603200 were 1615872 with a Short Ratio of 1.82, compared to 1732838400 on 1281612. Therefore, it implies a Short% of Shares Outstanding of 1615872 and a Short% of Float of 1.5.
Dividends & Splits
According to the company, the forward annual dividend rate for SFL is 1.07, from 1.07 in the trailing year. Against a Trailing Annual Dividend Yield of 0.09870849The stock’s 5-year Average Dividend Yield is 9.91.
