Overseas Shipholding Group (NYSE:OSG) Posts Quarterly Earnings Results

Overseas Shipholding Group (NYSE:OSG) released its quarterly earnings data on Friday. The transportation company reported ($0.04) earnings per share for the quarter, RTT News reports. The firm had revenue of $80.93 million during the quarter. Overseas Shipholding Group had a net margin of 2.38% and a return on equity of 3.77%.

Shares of OSG stock traded up $0.08 on Friday, hitting $1.78. The stock had a trading volume of 599,218 shares, compared to its average volume of 359,665. The company has a quick ratio of 0.51, a current ratio of 0.53 and a debt-to-equity ratio of 1.48. The business has a 50 day moving average price of $1.75 and a 200 day moving average price of $1.77. The company has a market cap of $149.92 million, a PE ratio of 11.67 and a beta of 1.00. Overseas Shipholding Group has a one year low of $1.46 and a one year high of $2.82.

Separately, ValuEngine downgraded Overseas Shipholding Group from a “buy” rating to a “hold” rating in a report on Friday, November 1st.

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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Earnings History for Overseas Shipholding Group (NYSE:OSG)

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