Overseas Shipholding Group Inc. Class A (NYSE:OSG) traded at a new 52-week high today of $3.00. This new high was reached on below average trading volume as 127,000 shares traded hands, while the average 30-day volume is approximately 284,000 shares.
There is potential upside of 169.6% for shares of Overseas Shipholding Group Inc. Class A based on a current price of $2.99 and an average consensus analyst price target of $8.06.
In the past 52 weeks, Overseas Shipholding Group Inc. Class A share prices are bracketed by a low of $1.64 and a high of $3.00 and is now at $2.99, 82% above that low price.
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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