Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -13.23%. However, over the last six months, the performance has been stronger by -28.27%. The price of GOGL decreased -7.33% over the last 30 days. And in the last five days, it has surged by 0.06%.
Golden Ocean Group Limited experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $15.77 on 05/21/24, while the lowest price for the same period was registered at $6.27 on 04/09/25.
52-week price history of GOGL Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Golden Ocean Group Limited’s current trading price is -50.70% away from its 52-week high, while its distance from the 52-week low is 24.00%. The stock’s price range during this period has varied between$6.27 and $15.77. The Golden Ocean Group Limited’s shares, which operate in the Industrials, saw a trading volume of around 0.7 million for the day, a figure considerably lower than their average daily volume of 4.4 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Golden Ocean Group Limited (GOGL) has experienced a quarterly decline of -15.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.55B and boasts a workforce of 44 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.57, with a change in price of -2.13. Similarly, Golden Ocean Group Limited recorded 3,333,977 in trading volume during the last 100 days, posting a change of -21.49%.
GOGL’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GOGL stands at 0.73. Similarly, the long-term debt-to-equity ratio is also 0.66.
GOGL Stock Stochastic Average
As of today, Golden Ocean Group Limited’s raw stochastic average for the last 50 days stands at 38.72%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 91.52%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 76.36% and 69.59%, respectively.
