Media coverage about Overseas Shipholding Group (NYSE:OSG) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Overseas Shipholding Group earned a news impact score of 0.05 on Accern’s scale. Accern also gave news headlines about the transportation company an impact score of 45.8065361662914 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Overseas Shipholding Group (NYSE OSG) opened at 2.53 on Wednesday. Overseas Shipholding Group has a 12-month low of $2.38 and a 12-month high of $11.57. The company has a 50-day moving average of $2.47 and a 200 day moving average of $4.51. The company’s market cap is $189.84 million.
Overseas Shipholding Group (NYSE:OSG) last released its earnings results on Wednesday, August 9th. The transportation company reported $0.04 earnings per share for the quarter. Overseas Shipholding Group had a positive return on equity of 10.95% and a negative net margin of 71.11%. The business had revenue of $96.23 million for the quarter. On average, equities research analysts expect that Overseas Shipholding Group will post $0.87 EPS for the current year.
Separately, ValuEngine downgraded shares of Overseas Shipholding Group from a “hold” rating to a “sell” rating in a research note on Thursday, September 7th.
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In other Overseas Shipholding Group news, CEO Samuel H. Norton bought 20,000 shares of Overseas Shipholding Group stock in a transaction on Wednesday, August 23rd. The shares were acquired at an average price of $2.00 per share, for a total transaction of $40,000.00. Following the completion of the purchase, the chief executive officer now directly owns 125,531 shares in the company, valued at approximately $251,062. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Paulson & Co. Inc. sold 116,881 shares of the stock in a transaction on Friday, August 11th. The stock was sold at an average price of $2.25, for a total value of $262,982.25. The disclosure for this sale can be found here. In the last quarter, insiders acquired 55,600 shares of company stock worth $111,912.
About Overseas Shipholding Group
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.
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