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Golden Ocean Group (GOGL) Jumps: Stock Moves 6% Higher

Golden Ocean Group LimitedGOGL was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.89 to $6.01 in the past one-month time frame.

The company has seen one positive estimate revision in the last 30 days; while the Zacks Consensus Estimate moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher can last.

Golden Ocean Group carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Golden Ocean Group Limited Price

Golden Ocean Group Limited Price | Golden Ocean Group Limited Quote

Another similarly-ranked stock in the same industry is Safe Bulkers, Inc. SB . You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

Is GOGL going up? Or down? Predict to see what others think: Up or Down

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Safe Bulkers, Inc (SB): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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