The price of Sterling Construction Company, Inc. (NASDAQ:STRL) went up by $0.16 now trading at $14.86. Their shares witnessed a 53.04% increase from the 52-week low price of $9.71 they recorded on 2018-12-21. Even though it is still -8.14% behind the $16.07 high touched on 2018-08-08. The last few days have been good for the stock, as its price has grew by 2.41% during the week. It has also performed better over the past three months, as it added around 11.56% while it has so far climbed around 23.42% during the course of a year. The stock of STRL recorded 36.46% uptrend from the beginning of this year till date. The 12-month potential price target for Sterling Construction Company, Inc. is set at $19. This target means that the stock has an upside potential to increase by 27.86% from the current trading price.
When giving their opinion, around 50% of Wall Street analysts, which represents 1 out of 2 rated the stock as a Buy. 1 brokerage firms of the remaining 50% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate STRL shares held by institutional investors represents 81.3% of total shares. 21 institutions entered new Sterling Construction Company, Inc. (NASDAQ:STRL) positions, 67 added to their existing positions in these shares, 52 lowered their positions, and 13 exited their positions entirely.
Sterling Construction Company, Inc. (STRL) trade volume has increased by 60.18% as around 272,373 shares were sold when compared with its 50-day average volume of traded shares which is 170,042. At the moment, STRL is witnessing a uptrend, as it is trading 6.94% above its 20-day SMA, 16.94% above its 50-day SMA, and 12.75% above its 200-day SMA. The company runs an ROE of roughly 15.1%, with financial analysts predicting that their earnings per share growth will be around 11% per annum for the next five year. This will be compared to the 45.3% increase witnessed over the past five years.
The first technical resistance point for Sterling Construction Company, Inc. (NASDAQ:STRL) will likely come at $15.06, marking a 1.33% premium to the current level. The second resistance point is at $15.25, about 2.56% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $14.33, the lower end of the range. STRL’s 14-day MACD is 0.42 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 74.76, which shows that its stock has been overbought. The 20-day historical volatility for the stock stands at 20.2 percent, which is low when compared to that of the 50-day’s 29.1 percent.
The shares of Overseas Shipholding Group, Inc. (NYSE:OSG) has decreased by -2.06%, and now trading at $1.9 on the Wall Street in the intra-day deal, with their shares traded now around 250,361. This is a decline of -109,353 shares over the average 359,714 shares that were traded daily over the last three months. The stock that is trading at $1.9 went higher by 24.18% from its 52-week low of $1.53 that it attained back on 2018-12-24. The stock recorded a 52-week high of $4.16 nearly 251 days ago on 2018-06-27.
OSG stock has performed well over the past 30 days, as it added 4.97% while its price climbed by 14.46% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -7.77% over the last week. The stock’s 12-month potential target price is now at $13. This means that the stock price might likely increase by 584.21% from its current trading price.
Overseas Shipholding Group, Inc. (NYSE:OSG) has been utilizing an ROE that is roughly 22.5%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the 14.9% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -1.66% below its 20-day SMA, 1.77% above its 50-day SMA, and -34.5% below its 200-day SMA. In percentage terms, the aggregate Overseas Shipholding Group, Inc. shares held by institutional investors is 78%. 9 institutions jumped in to acquire Overseas Shipholding Group, Inc. (OSG) fresh stake, 51 added to their current holdings in these shares, 47 lowered their positions, and 14 left no stake in the company.
The stock’s 9-day MACD is -0.06 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 39.67, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 35.94 percent, which is less when compared to that of the 50-day’s 47.71 percent. On the daily chart, we see that the stock could reach the first level of resistance at $1.95, sporting a 2.56% premium to the current level. The next resistance point is at $2.01, representing nearly 5.47% premium to the current market price of Overseas Shipholding Group, Inc. (OSG). On the other hand, failure to breach the immediate hurdles can drag it down to $1.83, the lower end of the range.