In the past week, GOGL stock has gone down by -1.54%, with a monthly decline of -18.25% and a quarterly plunge of -16.65%. The volatility ratio for the week is 2.71%, and the volatility levels for the last 30 days are 4.03% for Golden Ocean Group Limited The simple moving average for the last 20 days is -13.68% for GOGL stock, with a simple moving average of -31.34% for the last 200 days.
Is It Worth Investing in Golden Ocean Group Limited (NASDAQ: GOGL) Right Now?
Golden Ocean Group Limited (NASDAQ: GOGL) has a higher price-to-earnings ratio of 6.86x compared to its average ratio. GOGL has 36-month beta value of 1.16. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for GOGL is 116.86M, and currently, short sellers hold a 4.40% ratio of that float. The average trading volume of GOGL on March 19, 2025 was 2.92M shares.
GOGL) stock’s latest price update
The stock of Golden Ocean Group Limited (NASDAQ: GOGL) has decreased by -1.79 when compared to last closing price of 7.80. Despite this, the company has experienced a -1.54% fall in its stock price over the last five trading sessions. zacks.com reported 2025-03-18 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Analysts’ Opinion of GOGL
Many brokerage firms have already submitted their reports for GOGL stocks, with Jefferies repeating the rating for GOGL by listing it as a “Hold.” The predicted price for GOGL in the upcoming period, according to Jefferies is $15.50 based on the research report published on May 22, 2024 of the previous year 2024.
Jefferies gave a rating of “Buy” to GOGL, setting the target price at $11 in the report published on October 24th of the previous year.
GOGL Trading at -15.27% from the 50-Day Moving Average
After a stumble in the market that brought GOGL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.43% of loss for the given period.
Volatility was left at 4.03%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares sank -19.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.99% lower at present.
During the last 5 trading sessions, GOGL fell by -1.54%, which changed the moving average for the period of 200-days by -46.88% in comparison to the 20-day moving average, which settled at $8.87. In addition, Golden Ocean Group Limited saw -14.51% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GOGL
Current profitability levels for the company are sitting at:
- 0.35 for the present operating margin
- 0.36 for the gross margin
The net margin for Golden Ocean Group Limited stands at 0.24. The total capital return value is set at 0.11. Equity return is now at value 11.68, with 6.50 for asset returns.
Based on Golden Ocean Group Limited (GOGL), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 3.12.
Currently, EBITDA for the company is 352.02 million with net debt to EBITDA at 2.67. When we switch over and look at the enterprise to sales, we see a ratio of 2.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
To put it simply, Golden Ocean Group Limited (GOGL) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
