Nordic American Tankers Ltd (NAT) concluded trading on Wednesday at a closing price of $4.45, with 4.95 million shares of worth about $22.02 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.06% during that period and on Wednesday, January 31 the price saw a gain of about 0.91%. Currently the company’s common shares owned by public are about 208.80M shares, out of which, 202.49M shares are available for trading.
However, the stock later moved at a day high price of 4.5500, or with a gain of 0.91%. Stock saw a price change of 0.68% in past 5 days and over the past one month there was a price change of 5.95%. Year-to-date (YTD), NAT shares are showing a performance of 5.95% which increased to 48.83% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.96 but also hit the highest price of $4.83 during that period. The average intraday trading volume for Nordic American Tankers Ltd shares is 3.43 million. The stock is currently trading 0.67% above its 20-day simple moving average (SMA20), while that difference is up 4.41% for SMA50 and it goes to 10.68% higher than SMA200.
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Nordic American Tankers Ltd (NYSE: NAT) currently have 208.80M outstanding shares and institutions hold larger chunk of about 45.03% of that.
The stock has a current market capitalization of $929.16M and its 3Y-monthly beta is at -0.06. PE ratio of stock for trailing 12 months is 7.96, while it has posted earnings per share of $0.56 in the same period. Its PEG reads 1.59 and has Quick Ratio of 1.41 while making debt-to-equity ratio of 0.48. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NAT, volatility over the week remained 2.78% while standing at 2.96% over the month.
Analysts are in expectations that Nordic American Tankers Ltd (NAT) stock would likely to be making an EPS of $Caterpillar, Inc. in the current quarter, while forecast for next quarter EPS is $300.31 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Natural Gas Mar 24 which is $Cloudflare, Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $United States Natural Gas Fund in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 756.94% while it is estimated to increase by 19.63% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on September 06, 2022 offering a Buy rating for the stock and assigned a target price range of between $3 and $4 to it.
