SFL Corporation Ltd (NYSE:SFL) currently has a daily average trading volume of 1.34M but it saw 1544160 shares traded in last market. With a market cap of 1.06B USD, the company’s current market price of $7.30 came falling about -4.82 while comparing to the previous closing price of $7.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.62 and as low as $6.78. In the recent trading on the day, stock has struck highest price mark of $7.16 while lowest mark touched by it was $7.49.
Taking a look at 20-day trading activity of SFL Corporation Ltd (SFL) gives us an average price of $8.02, while its current price level is -50.07% below from 52-week high level whereas it is 7.67% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.98 while that of 200 days or SMA-200 reads an average of $10.73. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.56% during that period while stretching the period over a month that decreases to 4.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 34.75 which implies that the stock is in neutral territory.
Pareto downgraded its recommendation for the stock as a “Hold” from “Buy” on August 18, 2023 while assigning a price target of $11. DNB Markets issued its recommendations for the stock as it downgraded the price target for the stock is $8.
Over the week, SFL’s stock price is moving -5.56% down while it is -12.99% when we observe its performance for the past one month. Year-to-date it is -28.57% down and over the past year, the stock is showing a downside performance of -42.06%.
The company is expected to be releasing its next quarterly report on 2025-Feb-11, for which analysts forecasted an EPS of -0.01 while estimate for next year EPS is -0.06. In next quarter, company is expected to be making quarterly sales of $186.07M as analysts are expecting the sales for current fiscal year at $735.1M and seeing the company making $784.81M in sales next year. Moreover, analysts are in estimates of $183.82M for current-quarter revenue.
Currently, SFL Corporation Ltd’s total number of outstanding shares is 145.71M with 25.88% of that held by the insiders while 32.29% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.98% and return on equity (ROE) at 12.05%. It has a price to earnings ratio (P/E ratio) of 7.22 while having a 22.49 of forward P/E ratio. Stock’s beta reads 0.53. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 1.18. Its return on asset (ROA) is 3.33% on average.
