Overseas Shipholding Group (NYSE:OSG) announced its quarterly earnings data on Friday. The transportation company reported $0.13 earnings per share (EPS) for the quarter, Morningstar.com reports. The firm had revenue of $80.54 million for the quarter. Overseas Shipholding Group had a net margin of 14.13% and a return on equity of 17.86%.
Overseas Shipholding Group stock traded down $0.90 during trading hours on Friday, reaching $2.20. 1,097,998 shares of the stock were exchanged, compared to its average volume of 277,166. The company has a market capitalization of $268.91 million, a price-to-earnings ratio of 5.21 and a beta of -0.17. The company has a quick ratio of 4.38, a current ratio of 4.81 and a debt-to-equity ratio of 1.17. Overseas Shipholding Group has a twelve month low of $1.67 and a twelve month high of $4.16.
In other Overseas Shipholding Group news, major shareholder Paulson & Co. Inc. sold 736,431 shares of the stock in a transaction dated Monday, August 20th. The shares were sold at an average price of $3.32, for a total transaction of $2,444,950.92. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.53% of the company’s stock.
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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, 2017, the company owned or operated a fleet of 23 vessels totaling an aggregate of approximately 1 million deadweight tons.
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