Company Shares of Ship Finance International Limited (NYSE:SFL) Drops by -4.69%

Ship Finance International Limited (NYSE:SFL) : During the past 4 weeks, traders have been relatively bearish on Ship Finance International Limited (NYSE:SFL), hence the stock is down -7.68% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.89% relative to the S&P 500. The 4-week change in the price of the stock is -6.19% and the stock has fallen -4.69% in the past 1 week.

The company shares have dropped -14.88% from its 1 Year high price. On Nov 27, 2015, the shares registered one year high at $17.80 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $15.06 and the 200 Day Moving Average price is recorded at $14.31.

The stock has recorded a 20-day Moving Average of 2.98% and the 50-Day Moving Average is 4.04%.


Ship Finance International Limited (NYSE:SFL): stock turned positive on Friday. Though the stock opened at $13.95, the bulls momentum made the stock top out at $14.54 level for the day. The stock recorded a low of $13.92 and closed the trading day at $14.24, in the green by 2.74%. The total traded volume for the day was 1,222,476. The stock had closed at $13.86 in the previous days trading.

Ship Finance International Limited is an international ship owning and chartering company. The Company is engaged primarily in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. The Company operates through subsidiaries, partnerships and branches located in Bermuda, Cyprus, Malta, Liberia, Norway, Singapore, the United Kingdom and the Marshall Islands. The Companys assets consist of approximately 19 oil tankers, 14 drybulk carriers, 17 container vessels, two car carriers, two jack-up drilling rigs, three ultra-deepwater drilling units, six offshore supply vessels and two chemical tankers. The Companys oil tankers and chemical tankers are all double-hull vessels. Some of its customers include Frontline, Seadrill, NADL, Sinochem Shipping Co. Ltd., China National Chartering Co Ltd, Heung-A Shipping Co. Ltd., Hyundai Glovis Co. Ltd., Western Bulk A/S, Hamburg Sud Group and Hanjin Shipping.

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