Golden Ocean Group Limited (NASDAQ: GOGL) has a price-to-earnings ratio that is above its average at 7.22x. The stock has a 36-month beta value of 1.16. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for GOGL is 99.51M, and at present, short sellers hold a 6.69% of that float. On May 15, 2025, the average trading volume of GOGL was 4.46M shares.
GOGL) stock’s latest price update
Golden Ocean Group Limited (NASDAQ: GOGL) has seen a rise in its stock price by 1.51 in relation to its previous close of 7.95. However, the company has experienced a 5.77% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-05-08 that Golden Ocean Group Limited (the “Company”) advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 8 May 2025 at 08:30 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2024 were presented to the Meeting.
GOGL’s Market Performance
GOGL’s stock has risen by 5.77% in the past week, with a monthly rise of 10.70% and a quarterly drop of -12.00%. The volatility ratio for the week is 2.01% while the volatility levels for the last 30 days are 2.54% for Golden Ocean Group Limited The simple moving average for the past 20 days is 6.05% for GOGL’s stock, with a -19.23% simple moving average for the past 200 days.
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 4.61% 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 -48.83% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 2.01%, as shares surge +13.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.78% lower at present.
During the last 5 trading sessions, GOGL rose by +5.77%, which changed the moving average for the period of 200-days by -35.34% in comparison to the 20-day moving average, which settled at $7.61. In addition, Golden Ocean Group Limited saw -9.93% 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:
- 0.32 for the present operating margin
- 0.36 for the gross margin
The net margin for Golden Ocean Group Limited stands at 0.23. The total capital return value is set at 0.1. 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 0.26. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 3.08.
Currently, EBITDA for the company is 432.84 million with net debt to EBITDA at 2.72. When we switch over and look at the enterprise to sales, we see a ratio of 2.95. The receivables turnover for the company is 10.57for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
To sum up, Golden Ocean Group Limited (GOGL) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
