Overseas Shipholding Group Inc. (NYSE:OSG) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.86 and traded as high as $2.18. Overseas Shipholding Group shares last traded at $2.09, with a volume of 7,663 shares trading hands.

Separately, ValuEngine upgraded shares of Overseas Shipholding Group from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

The firm’s fifty day moving average price is $2.09 and its two-hundred day moving average price is $1.86. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.39 and a current ratio of 0.40.

Overseas Shipholding Group (NYSE:OSG) last issued its quarterly earnings results on Friday, November 8th. The transportation company reported ($0.04) EPS for the quarter. The company had revenue of $80.93 million during the quarter. Overseas Shipholding Group had a negative return on equity of 0.96% and a negative net margin of 2.16%.

In related news, Director Julie Silcock purchased 55,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was bought at an average price of $1.80 per share, with a total value of $99,000.00. Following the acquisition, the director now owns 78,300 shares in the company, valued at $140,940. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.60% of the stock is currently owned by insiders.

Several hedge funds have recently made changes to their positions in OSG. Vanguard Group Inc. boosted its position in shares of Overseas Shipholding Group by 20.6% during the 2nd quarter. Vanguard Group Inc. now owns 4,041,846 shares of the transportation company’s stock valued at $7,599,000 after acquiring an additional 690,368 shares during the last quarter. BlackRock Inc. lifted its position in Overseas Shipholding Group by 16.5% in the second quarter. BlackRock Inc. now owns 4,260,484 shares of the transportation company’s stock valued at $8,010,000 after buying an additional 604,059 shares during the last quarter. Great West Life Assurance Co. Can lifted its position in Overseas Shipholding Group by 84.9% in the third quarter. Great West Life Assurance Co. Can now owns 661,489 shares of the transportation company’s stock valued at $1,161,000 after buying an additional 303,688 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its position in Overseas Shipholding Group by 31.6% in the second quarter. D. E. Shaw & Co. Inc. now owns 1,235,048 shares of the transportation company’s stock valued at $2,322,000 after buying an additional 296,748 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Overseas Shipholding Group by 98.3% in the second quarter. Wells Fargo & Company MN now owns 294,601 shares of the transportation company’s stock valued at $554,000 after buying an additional 146,038 shares during the last quarter. 55.82% of the stock is currently owned by hedge funds and other institutional investors.

Overseas Shipholding Group Company Profile (NYSE:OSG)

Overseas Shipholding Group, Inc owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the United States. At December 31, 2018, the company owned or operated a fleet of 21 vessels totaling an aggregate of approximately 900,000 deadweight tons.

See Also: Swap

Receive News & Ratings for Overseas Shipholding Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Overseas Shipholding Group and related companies with MarketBeat.com's FREE daily email newsletter.