SFL Corporation Ltd (NYSE:SFL) currently has a daily average trading volume of 1.43M but it saw 799414 shares traded in last market. With a market cap of 1.21B USD, the company’s current market price of $8.28 came rising about 0.49 while comparing to the previous closing price of $8.24. 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.
Taking a look at 20-day trading activity of SFL Corporation Ltd (SFL) gives us an average price of $7.95, while its current price level is -43.37% below from 52-week high level whereas it is 22.12% 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 $8.16 while that of 200 days or SMA-200 reads an average of $10.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.51% during that period while stretching the period over a month that increases to 3.31%. 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 55.36 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 1.47% up while it is 16.62% when we observe its performance for the past one month. Year-to-date it is -18.98% down and over the past year, the stock is showing a downside performance of -38.85%.
Currently, SFL Corporation Ltd’s total number of outstanding shares is 145.71M with 17.80% of that held by the insiders while 40.50% 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 8.19 while having a 25.51 of forward P/E ratio. Stock’s beta reads 0.55. Stock has a price to book (P/B) ratio of 1.07 while price to sale or P/S ratio amounts to 1.33. Its return on asset (ROA) is 3.33% on average.
