With 0.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.93 million shares. The 52-week range on SB shows that it touched its highest point at $5.00 and its lowest point at $2.97 during that stretch. It currently has a 1-year price target of $5.43. With its current market cap of 562.56 million, SB has annualized dividend of $0.20 while the current yield stands at 3.97%. Beta for the stock currently stands at 1.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SB was up-trending over the past week, with a rise of 9.57%, but this was up by 20.86% over a month. Three-month performance surged to 36.96% while six-month performance rose 67.44%. The stock gained 40.78% in the past year, while it has gained 28.24% so far this year. A look at the trailing 12-month EPS for SB yields 0.61 with Next year EPS estimates of 0.83. For the next quarter, that number is 0.14. This implies an EPS growth rate of 31.62% for this year and 15.09% for next year. EPS is expected to grow by 14.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 30.64%.
Float and Shares Shorts:
At present, 111.61 million SB shares are outstanding with a float of 63.22 million shares on hand for trading. On Feb 29, 2024, short shares totaled 2.15 million, which was 1.92% higher than short shares on Jan 31, 2024. In addition to Mr. Polys Hajioannou as the firm’s Chairman & CEO, Dr. Loukas Barmparis serves as its President, Secretary & Director.
Institutional Ownership:
Through their ownership of 22.08% of SB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SB since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
