How To Buy Overseas Shipholding Group Inc (OSG) Stock
How To Buy OSG
Overseas Shipholding Group (OSG) is a common stock listed on the NYSE exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of OSG.
Find a reliable broker.
Don't worry, it's easy and free to open a brokerage account. Below are our favorite brokers where you can buy Overseas Shipholding Group from:
View All Recommended BrokersFund your new account.
You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.
Search for OSG.
When your funds are settled into your account, look for Overseas Shipholding Group on your broker by searching for the company name: Overseas Shipholding Group or the ticker symbol: OSG.
Buy the stock.
Once that you've found Overseas Shipholding Group on your broker, submit a purchase order to buy shares of the stock (currently $6.39 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.
Once your order gets fulfilled, you've purchased your first shares of Overseas Shipholding Group Inc.
Tips When Buying
When submitting your order, you may choose to buy shares of Overseas Shipholding Group at the market price with a market order or at a set price using a limit order.
- Market order: Buys the stock immediately at its current price.
- Limit order: Buys the stock only once it reaches your target price.
By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of OSG at a specific price.
Should You Buy OSG Stock Now?
In the past week the price per share of Overseas Shipholding Group has gone up ↑0.36 (5.97%) while the daily volume has decreased slightly. You should buy OSG now if you think the stock will continue going up in price.
In the end, you should be comfortable with the risk of the investment and only buy shares of OSG when you feel the time is right.