Insider Selling: Overseas Shipholding Group Director Sells 1,000 Shares of Stock (OSGIQ)
Overseas Shipholding Group (NASDAQ:OSGIQ) Director Thomas F. Robards unloaded 1,000 shares of the company’s stock on the open market in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $6.14, for a total transaction of $6,140.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Overseas Shipholding Group (NASDAQ:OSGIQ) traded down 4.00% on Friday, hitting $6.48. 626,985 shares of the company’s stock traded hands. Overseas Shipholding Group has a 52 week low of $1.53 and a 52 week high of $9.87. The stock’s 50-day moving average is $6.58 and its 200-day moving average is $6.17. The company’s market cap is $198.8 million.
Separately, analysts at Imperial Capital upgraded shares of Overseas Shipholding Group to an “outperform” rating in a research note on Tuesday, April 1st.
Overseas Shipholding Group, Inc (NASDAQ:OSGIQ) is a tanker company engaged primarily in the ocean transportation of crude oil and petroleum products.
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