Is Overseas Shipholding Group Inc. (OSG) Stock About to Get Hot Monday?

The market has been high on Overseas Shipholding Group Inc. (OSG) stock recently. OSG gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Overseas Shipholding Group Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on OSG!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With OSG Stock Today?

Overseas Shipholding Group Inc. (OSG) stock is lower by -1.44% while the S&P 500 has gained 1.13% as of 2:17 PM on Monday, Oct 30. OSG is down -$0.07 from the previous closing price of $4.86 on volume of 233,257 shares. Over the past year the S&P 500 has risen 7.54% while OSG has gained 64.04%. OSG earned $0.54 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.89. To screen for more stocks like Overseas Shipholding Group Inc. click here.

More About Overseas Shipholding Group Inc.

Overseas Shipholding Group Inc is a tanker company which owns and operates a fleet of oceangoing vessels. It provides energy transportation services, delivering crude oil and petroleum products. The company owns and operates a combined fleet of approximately 25 vessels registered in the United States. The company operates in the segment of the U.S. Flag Fleet. Most of the company's revenue is generated in the form of time charters. Click Here to get the full Stock Report for Overseas Shipholding Group Inc. stock.