Overseas Shipholding Group (OSG) Receiving Somewhat Positive Media Coverage, Analysis Finds
Media coverage about Overseas Shipholding Group (NYSE:OSG) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Overseas Shipholding Group earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news stories about the transportation company an impact score of 46.7213618127742 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s rankings:
- Overseas Shipholding Group Reports Third Quarter Net Loss of $6.3 million (hellenicshippingnews.com)
- Overseas Shipholding Q3 Loss Narrows (nasdaq.com)
- Overseas Shipholding Group, Inc. 2017 Q3 – Results – Earnings Call Slides (seekingalpha.com)
- Edited Transcript of OSG earnings conference call or presentation 9-Nov-17 2:00pm GMT (finance.yahoo.com)
- Overseas Shipholding Group Reports Third Quarter 2017 Results (finance.yahoo.com)
Separately, ValuEngine lowered Overseas Shipholding Group from a “hold” rating to a “sell” rating in a report on Thursday, September 7th.
Overseas Shipholding Group (OSG) traded up $0.04 during trading on Monday, hitting $2.78. The company’s stock had a trading volume of 401,000 shares, compared to its average volume of 455,556. The company has a market cap of $208.62, a price-to-earnings ratio of 3.61 and a beta of 2.04. Overseas Shipholding Group has a twelve month low of $1.96 and a twelve month high of $9.37. The company has a current ratio of 2.38, a quick ratio of 2.26 and a debt-to-equity ratio of 1.62.
Overseas Shipholding Group (NYSE:OSG) last issued its quarterly earnings data on Thursday, November 9th. The transportation company reported ($0.07) EPS for the quarter. Overseas Shipholding Group had a positive return on equity of 26.01% and a negative net margin of 66.23%. The firm had revenue of $93.27 million during the quarter. During the same period in the prior year, the firm earned ($0.59) earnings per share.
In other news, CEO Samuel H. Norton acquired 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was bought at an average price of $2.00 per share, with a total value of $40,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 125,531 shares of the company’s stock, valued at approximately $251,062. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Samuel H. Norton acquired 32,800 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was purchased at an average cost of $2.02 per share, with a total value of $66,256.00. Following the acquisition, the insider now directly owns 125,531 shares of the company’s stock, valued at $253,572.62. The disclosure for this purchase can be found here. Insiders purchased 55,600 shares of company stock valued at $111,912 in the last ninety days.
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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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