In yesterday’s Wall Street session, SFL Corporation Ltd (NYSE:SFL) shares traded at $13.27, up 0.84% from the previous session.
SFL stock price is now -2.13% away from the 50-day moving average and 8.56% away from the 200-day moving average. The market capitalization of the company currently stands at $1.83B.
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With the price target maintained at $11, Pareto recently Downgraded its rating from Buy to Hold for SFL Corporation Ltd (NYSE: SFL). On November 09, 2021, DNB Markets Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $8, while ‘Jefferies’ rates the stock as ‘Buy’
A total of 27.34% of the company’s stock is owned by insiders.
During the past 12 months, SFL Corporation Ltd has had a low of $9.03 and a high of $14.62. As of last week, the company has a debt-to-equity ratio of 2.49, a current ratio of 0.29, and a quick ratio of 0.29. The fifty day moving average price for SFL is $13.5688 and a two-hundred day moving average price translates $12.2337 for the stock.
The latest earnings results from SFL Corporation Ltd (NYSE: SFL) was released for 2024-03-31. The net profit margin was 15.21% and return on equity was 11.60% for SFL. The company reported revenue of $229.06 million for the quarter, compared to $173.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.2 percent.
