Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, SFL Corporation Ltd (NYSE: SFL) closed at $8.27 down -3.27% from its previous closing price of $8.55. In other words, the price has decreased by -$3.27 from its previous closing price. On the day, 1.31 million shares were traded.
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 0.45 and its Current Ratio is at 0.45. In the meantime, Its Debt-to-Equity ratio is 2.73 whereas as Long-Term Debt/Eq ratio is at 2.14.
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:
As of this moment, SFL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.95, and their Forward P/E ratio for the next fiscal year is 20.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 1.05.
Stock Price History:
Over the past 52 weeks, SFL has reached a high of $14.42, while it has fallen to a 52-week low of $6.78. The 50-Day Moving Average of the stock is 1.80%, while the 200-Day Moving Average is calculated to be -17.58%.
Shares Statistics:
A total of 133.47M shares are outstanding, with a floating share count of 104.77M. Insiders hold about 28.10% of the company’s shares, while institutions hold 31.24% stake in the company.
