OSG - Overseas Shipholding Group Inc. Class A Looks to Continue to Trade Above its Annual-High Share Price Today
Overseas Shipholding Group Inc. Class A (NYSE:OSG) traded today at a new 52-week high of $2.89. So far today approximately 210,000 shares have been exchanged, as compared to an average 30-day volume of 236,000 shares.
Over the past year, Overseas Shipholding Group Inc. Class A has traded in a range of $1.64 to $2.89 and is now at $2.88, 76% above that low.
Overseas Shipholding Group Inc. Class A (NYSE:OSG) has potential upside of 174.0% based on a current price of $2.88 and analysts' consensus price target of $7.90.
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.
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