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 $8.62 up 0.70% from its previous closing price of $8.56. In other words, the price has increased by $0.70 from its previous closing price. On the day, 0.78 million shares were traded. SFL stock price reached its highest trading level at $8.6852 during the session, while it also had its lowest trading level at $8.56.
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:
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 1150520064 and an Enterprise Value of 3851540480. As of this moment, SFL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.80, and their Forward P/E ratio for the next fiscal year is 32.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 4.517 whereas that against EBITDA is 7.645.
Stock Price History:
The Beta on a monthly basis for SFL is 0.56, which has changed by -0.37896252 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, SFL has reached a high of $14.14, while it has fallen to a 52-week low of $6.78. The 50-Day Moving Average of the stock is 2.29%, while the 200-Day Moving Average is calculated to be -11.16%.
Shares Statistics:
For the past three months, SFL has traded an average of 1.18M shares per day and 1157330 over the past ten days. A total of 133.47M shares are outstanding, with a floating share count of 104.34M. Insiders hold about 28.16% of the company’s shares, while institutions hold 31.33% stake in the company. Shares short for SFL as of 1749772800 were 5501651 with a Short Ratio of 4.65, compared to 1747267200 on 4130570. Therefore, it implies a Short% of Shares Outstanding of 5501651 and a Short% of Float of 5.12.
Dividends & Splits
According to the company, the forward annual dividend rate for SFL is 1.08, from 1.08 in the trailing year. Against a Trailing Annual Dividend Yield of 0.12616822The stock’s 5-year Average Dividend Yield is 9.87.
