Golden Ocean (Norway) Today
| GOGL Stock | NOK 104.20 0.95 0.90% |
PerformanceVery Weak
| Odds Of DistressLow
|
Golden Ocean is selling for 104.20 as of the 17th of February 2025. This is a 0.9 percent decrease since the beginning of the trading day. The stock's lowest day price was 104.0. Golden Ocean has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 18th of January 2025 and ending today, the 17th of February 2025. Click here to learn more.
Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. As of March 31, 2019, it owned a fleet of 77 vessels comprising 38 Capesize, 27 Panamax, and 2 Ultramax vessels 8 Capesize vessels under operating leases 1 Panamax vessel under a capital lease and 1 Supramax vessel under an operating lease. The company has 200.42 M outstanding shares. More on Golden Ocean Group
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Golden Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Golden Ocean's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Golden Ocean or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Shipping & Ports, Industrials (View all Sectors) |
Golden Ocean Group (GOGL) is traded on Oslo Stock Exchange in Norway and employs 37 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 19.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Golden Ocean's market, we take the total number of its shares issued and multiply it by Golden Ocean's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Golden Ocean Group operates under Industrials sector and is part of Shipping & Ports industry. The entity has 200.42 M outstanding shares.
Golden Ocean Group has accumulated about 139.29 M in cash with 560.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97.
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Ownership AllocationGolden Ocean Group has a total of 200.42 Million outstanding shares. Golden Ocean secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Golden Ocean Group Risk Profiles
Although Golden Ocean's alpha and beta are two of the key measurements used to evaluate Golden Ocean's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.62 | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.32 | |||
| Risk Adjusted Performance | (0.07) |
Golden Stock Against Markets
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Our tools can tell you how much better you can do entering a position in Golden Ocean without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Golden Ocean Corporate Management
Elected by the shareholders, the Golden Ocean's board of directors comprises two types of representatives: Golden Ocean inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Golden. The board's role is to monitor Golden Ocean's management team and ensure that shareholders' interests are well served. Golden Ocean's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Golden Ocean's outside directors are responsible for providing unbiased perspectives on the board's policies.
| LarsChristian Svensen | Chief AS | Profile | |
| Peder Simonsen | Chief AS | Profile | |
| Ulrik Andersen | Chief AS | Profile | |
| Tord Brath | Head Operations | Profile |
Additional Information and Resources on Investing in Golden Stock
When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Ocean Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.