Golden Ocean Group Limited GOGL Stock Price Today, Quote, Latest Discussions, Interactive Chart and News

The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA. Investors have a lot to be thankful for after the company reported third-quarter earnings yesterday. https://1investing.in/ As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Sign-up to receive the latest news and ratings for Golden Ocean Group and its competitors with MarketBeat’s FREE daily newsletter. On the date of publication, Shrey Dua did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Reasonably so, with recession fears in full swing and the start of the landmark antitrust case a day away, it’s no wonder some traders are stepping back from the “buy” button, at least for GOOGL stock. The DOJ alleges that Google assisted the maintenance of its monopoly on search engines by making deals with smartphone makers to systematically undercut the competition. On the date of publication, Chris MacDonald did not hold (either directly or indirectly) any positions in the securities mentioned in this article.

Price Target and Rating

One share of GOGL stock can currently be purchased for approximately $7.44. Golden Ocean Group’s stock was trading at $8.69 on January 1st, 2023. Since then, GOGL stock has decreased by 14.4% and is now trading at $7.44. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

The consensus among Wall Street research analysts is that investors should “hold” GOGL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GOGL, but not buy additional shares or sell existing shares. Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. It operates dry bulk vessels comprising of Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company’s vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers.

NASDAQ: JBLU

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.

• Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
• At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
• The Google Cloud segment offers Google Cloud Platform and Google Workspace.
• The company’s vessels transport a range of bulk commodities, such as ores, coal, grains, and fertilizers.
• That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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Cleaves Securities Sticks to Its Buy Rating for Golden Ocean Group (GOGL)

3 analysts have issued 1 year price targets for Golden Ocean Group’s shares. On average, they expect the company’s share price to reach $9.00 in the next year. This suggests a possible upside of 21.0% from the stock’s current price. View analysts price targets for GOGL or view top-rated stocks among Wall Street analysts. Golden Ocean Group’s stock reverse split on the morning of Monday, August 1st 2016. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 29th 2016.

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Plus, GOGL info will be updated daily in your Zacks.com Portfolio Tracker – also free. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.

Undervalued Stocks in Bill Ackman’s Portfolio

The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Let’s dive into a few things investors may want to keep on their radar. Lawyers from the Justice Department and Alphabet commenced their opening statements in court today as part of one of the highest-profile anti-competition lawsuits from the DOJ in years.

The lawyers also add that, while Google may be the default search engine on many devices, it’s not the only option. They wanted to try and avoid what was happening at Yahoo in 2014, where an activist shareholder got upset and tried to install its own board members and influence strategy. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. The Barchart Technical Opinion rating is a 88% Sell with a Weakening short term outlook on maintaining the current direction. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Compare
GOGL’s historical performance
against its industry peers and the overall market.

The stock price crashed back down below $150 during the stock market crash of 2008. However it rebounded and slowly grew again until the next major milestone in the history of Google’s stock price happened. In the latest trading session, Golden Ocean Group (GOGL) closed at $9.37, marking a +0.43% move from the previous day.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. GOGL’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

Golden Ocean Group Ltd. GOGL (U.S.: Nasdaq)

More recently, the tech stock rose more than 4.3% over the past week and more than 2.3% on the month. The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023. Golden Ocean Group Limited (the “Company) will publish its financial results for the third quarter of 2022 on Wednesday November 16, 2022. Golden Ocean Group Limited (the “Company) will publish its financial results for the second quarter of 2023 on Tuesday August 29, 2023.

Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. The Google Services segment includes ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. The Google Cloud segment offers Google Cloud Platform and Google Workspace.

Government lawyers are attempting to successfully argue that Google search effectively has a monopoly in its space — and that Alphabet has used this power to stifle innovation and shut out competition.