SFL Corporation Ltd (NYSE:SFL) currently has a daily average trading volume of 1.36M but it saw 1312570 shares traded in last market. With a market cap of 1.21B USD, the company’s current market price of $8.27 came falling about -3.27 while comparing to the previous closing price of $8.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.42 and as low as $6.78.
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 -5.16% down while it is 6.03% when we observe its performance for the past one month. Year-to-date it is -19.08% down and over the past year, the stock is showing a downside performance of -42.29%.
Currently, SFL Corporation Ltd’s total number of outstanding shares is 133.47M with 17.86% of that held by the insiders while 39.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.62% and return on equity (ROE) at 5.09%. It has a price to earnings ratio (P/E ratio) of 19.95 while having a 20.41 of forward P/E ratio. Stock’s beta reads 0.56. Stock has a price to book (P/B) ratio of 1.05 while price to sale or P/S ratio amounts to 1.40. Its return on asset (ROA) is 1.37% on average.
