Shares of OSG traded up $0.12 during mid-day trading on Tuesday, hitting $2.20. 521,265 shares of the company traded hands, compared to its average volume of 403,496. The company has a market capitalization of $161.43 million, a PE ratio of 22.00 and a beta of 1.05. The company has a quick ratio of 0.35, a current ratio of 0.36 and a debt-to-equity ratio of 1.70. The business has a 50 day moving average of $2.00 and a 200 day moving average of $1.92. Overseas Shipholding Group has a 1-year low of $1.46 and a 1-year high of $2.71.
In other Overseas Shipholding Group news, CEO Samuel H. Norton bought 77,252 shares of the stock in a transaction on Monday, March 23rd. The shares were bought at an average price of $2.08 per share, with a total value of $160,684.16. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Samuel H. Norton acquired 70,290 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was acquired at an average price of $1.99 per share, with a total value of $139,877.10. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 244,416 shares of company stock worth $493,341. Company insiders own 3.60% of the company’s stock.
About Overseas Shipholding Group
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.
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