Golden Ocean Group Ltd (NASDAQ: GOGL) has reported E.P.S. of $0.20 for its fourth fiscal quarter (ending December 31) versus $0.29 for the same period a year ago — a decline of -31%. For the latest four quarters through December 31, E.P.S. were $1.12 compared to $0.56 a year ago — an increase of 100%.
Recent Price Action
Golden Ocean Group Ltd (NASDAQ: GOGL) stock closed at $9.82 on 2/26/25 after a large increase of 4.5%. Moreover, exceptionally high trading volume at 437% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 2.7% during the last week.
Current PriceTarget Research Rating
Golden Ocean Group has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Golden Ocean Group has a slightly positive Appreciation Score of 69 but a very low Power Rating of 7, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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