Overseas Shipholding Group Inc. (OSG) Trading Up 2.8%
Shares of Overseas Shipholding Group Inc. (NYSE:OSG) were up 2.8% during mid-day trading on Thursday . The stock traded as high as $12.68 and last traded at $12.65, with a volume of 58,472 shares. The stock had previously closed at $12.30.
The company has a market cap of $875.09 million and a price-to-earnings ratio of 4.34. The stock has a 50 day moving average of $11.48 and a 200 day moving average of $11.48.
Overseas Shipholding Group (NYSE:OSG) last posted its quarterly earnings data on Tuesday, May 10th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $243.76 million for the quarter, compared to analyst estimates of $233.54 million. On average, analysts forecast that Overseas Shipholding Group Inc. will post $1.07 earnings per share for the current year.
In related news, major shareholder Paulson & Co. Inc. sold 35,073 shares of the business’s stock in a transaction dated Monday, June 27th. The stock was sold at an average price of $10.82, for a total transaction of $379,489.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Overseas Shipholding Group, Inc (OSG) is a tanker company engaged primarily in the ocean transportation of crude oil and petroleum products. The Company’s vessel operations are organized into strategic business units and focused on market segments: crude oil, refined petroleum products and the United States Flag.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.