The stock price of Golden Ocean Group Limited (NASDAQ: GOGL) has dropped by -1.29 compared to previous close of 7.77. Despite this, the company has seen a gain of 5.36% in its stock price over the last five trading days. globenewswire.com reported 2025-05-28 that HAMILTON, Bermuda, 28 May, 2025, 22:30 CEST – Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) (“Golden Ocean”) and CMB.TECH NV (NYSE: CMBT & Euronext Brussels: CMBT) (“CMB.TECH”) are pleased to announce that they have signed an agreement and plan of merger (the “Merger Agreement”) for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025.
Is It Worth Investing in Golden Ocean Group Limited (NASDAQ: GOGL) Right Now?
Golden Ocean Group Limited (NASDAQ: GOGL) has a higher price-to-earnings ratio of 13.50x compared to its average ratio. GOGL has 36-month beta value of 1.13. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for GOGL is 99.51M, and currently, short sellers hold a 5.88% ratio of that float. The average trading volume of GOGL on June 04, 2025 was 4.21M shares.
GOGL’s Market Performance
The stock of Golden Ocean Group Limited (GOGL) has seen a 5.36% increase in the past week, with a -1.92% drop in the past month, and a -23.76% fall in the past quarter. The volatility ratio for the week is 2.37%, and the volatility levels for the past 30 days are at 2.49% for GOGL. The simple moving average for the last 20 days is 0.12% for GOGL’s stock, with a simple moving average of -21.03% for the last 200 days.
Analysts’ Opinion of GOGL
Many brokerage firms have already submitted their reports for GOGL stocks, with Jefferies repeating the rating for GOGL by listing it as a “Hold.” The predicted price for GOGL in the upcoming period, according to Jefferies is $15.50 based on the research report published on May 22, 2024 of the previous year 2024.
Jefferies gave a rating of “Buy” to GOGL, setting the target price at $11 in the report published on October 24th of the previous year.
GOGL Trading at 0.91% from the 50-Day Moving Average
After a stumble in the market that brought GOGL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.31% of loss for the given period.
Stock Fundamentals for GOGL
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 0.36 for the gross margin
The net margin for Golden Ocean Group Limited stands at 0.23. The total capital return value is set at 0.1. Equity return is now at value 6.06, with 3.30 for asset returns.
Based on Golden Ocean Group Limited (GOGL), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 3.08.
Currently, EBITDA for the company is 432.84 million with net debt to EBITDA at 2.72. When we switch over and look at the enterprise to sales, we see a ratio of 2.87. The receivables turnover for the company is 10.57for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.81.
Conclusion
To put it simply, Golden Ocean Group Limited (GOGL) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
