(GOGL) Golden Ocean - Ratings and Ratios

Golden Ocean Group Limited (NASDAQ:GOGL) is a Bermuda-based shipping company specializing in the ownership and operation of a diversified fleet of dry bulk vessels. As of March 20, 2025, the company operates 83 dry bulk vessels, including Newcastlemax, Capesize, Kamsarmax, and Panamax ships. These vessels primarily operate in the spot and time charter markets, transporting a wide range of bulk commodities such as ores, coal, grains, and fertilizers. The company’s strategic focus is on leveraging its fleet size and market position to capitalize on trends in global dry bulk shipping demand.

Golden Ocean Group Limited is listed on the NASDAQ stock exchange under the ticker symbol GOGL. As of the latest data, the company has a market capitalization of $1.427 billion USD, with a price-to-earnings (P/E) ratio of 6.39 and a forward P/E of 11.93. The company’s price-to-book (P/B) ratio stands at 0.75, indicating that its market value is below its book value. The return on equity (RoE) is 11.75%, reflecting moderate profitability relative to shareholder equity.

From a technical perspective, GOGL’s stock has shown recent volatility, with an Average True Range (ATR) of 0.41. The stock price is currently trading at $7.66, below its 20-day Simple Moving Average (SMA) of $7.30 but above its 50-day SMA of $8.01. The 200-day SMA stands at $9.82, indicating a downward trend over the longer term. The average 20-day trading volume is 3,073,085 shares.