Stocks of SFL Corporation Ltd (NYSE:SFL) traded higher last session on Wall Street, up 0.34% to $8.9.
SFL stock price is now 4.49% away from the 50-day moving average and -7.69% away from the 200-day moving average. The market capitalization of the company currently stands at $1.29B.
On August 18, 2023, Pareto Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $11, while ‘DNB Markets’ rates the stock as ‘Hold’
In other news, Olesen Aksel, Officer bought 43,708 shares of the company’s stock on Oct 07 ’24. The stock was bought for $512,695 at an average price of $11.73. A total of 28.16% of the company’s stock is owned by insiders.
During the past 12 months, SFL Corporation Ltd has had a low of $6.78 and a high of $14.14. As of last week, the company has a debt-to-equity ratio of 2.73, a current ratio of 0.45, and a quick ratio of 0.45. The fifty day moving average price for SFL is $8.5174 and a two-hundred day moving average price translates $9.6418 for the stock.
The latest earnings results from SFL Corporation Ltd (NYSE: SFL) was released for 2025-03-31. The net profit margin was 6.20% and return on equity was 5.09% for SFL. The company reported revenue of $186.74 million for the quarter, compared to $229.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -18.48 percent. For the current quarter, analysts expect SFL to generate $192.4M in revenue.
