Should You Buy SFL Corporation Ltd (SFL) Stock on Monday?

SFL Corporation Ltd (SFL) stock has gained 3.32% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

SFL Corporation Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SFL!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With SFL Stock Today?

SFL Corporation Ltd (SFL) stock has risen 0.18% while the S&P 500 has fallen -0.04% as of 11:23 AM on Monday, Aug 21. SFL is up $0.02 from the previous closing price of $10.86 on volume of 520,774 shares. Over the past year the S&P 500 has gained 5.55% while SFL is up 0.09%. SFL earned $0.86 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.6. To screen for more stocks like SFL Corporation Ltd click here.

More About SFL Corporation Ltd

SFL Corp Ltd is an international ship owning and chartering company. The company is engaged primarily in the ownership and operation of vessels and offshore related assets and is also involved in the charter, purchase, and sale of assets. Its oil tankers, chemical tankers, and oil product tankers are all double-hull vessels. Click Here to get the full Stock Report for SFL Corporation Ltd stock.