Overseas Shipholding Group (NYSE:OSG) Issues Earnings Results

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

Shares of OSG traded up $0.08 during mid-day trading on Friday, reaching $1.78. 599,218 shares of the company’s stock traded hands, compared to its average volume of 359,665. The stock has a market cap of $149.92 million, a P/E ratio of 11.67 and a beta of 1.00. The stock’s 50-day moving average is $1.75 and its two-hundred day moving average is $1.77. Overseas Shipholding Group has a 12 month low of $1.46 and a 12 month high of $2.82. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.53 and a quick ratio of 0.51.

Separately, ValuEngine downgraded Overseas Shipholding Group from a “buy” rating to a “hold” rating in a research 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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