DHT Holdings Inc (DHT) concluded trading on Thursday at a closing price of $8.93, with 2.78 million shares of worth about $24.79 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -21.39% during that period and on December 12, 2024 the price saw a loss of about -1.76%. Currently the company’s common shares owned by public are about 161.46M shares, out of which, 139.12M shares are available for trading.
Stock saw a price change of -6.88% in past 5 days and over the past one month there was a price change of -12.02%. Year-to-date (YTD), DHT shares are showing a performance of -8.97% which decreased to -5.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.06 but also hit the highest price of $12.80 during that period. The average intraday trading volume for DHT Holdings Inc shares is 1.71 million. The stock is currently trading -9.56% below its 20-day simple moving average (SMA20), while that difference is down -14.97% for SMA50 and it goes to -19.80% lower than SMA200.
DHT Holdings Inc (NYSE: DHT) currently have 161.46M outstanding shares and institutions hold larger chunk of about 61.14% of that.
The stock has a current market capitalization of $1.44B and its 3Y-monthly beta is at -0.42. PE ratio of stock for trailing 12 months is 8.91, while it has posted earnings per share of $1.00 in the same period. Its PEG reads 1.78 and has Quick Ratio of 1.97 while making debt-to-equity ratio of 0.40. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DHT, volatility over the week remained 3.32% while standing at 3.27% over the month.
Stock’s fiscal year EPS is expected to rise by 0.99% while it is estimated to increase by 56.35% 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 Kepler on Dec-13-24 offering a Hold rating for the stock and assigned a target price of $9.70 to it. Coverage by BTIG Research stated DHT Holdings Inc (DHT) stock as a Buy in their note to investors on October 15, 2024, suggesting a price target of $16 for the stock. On March 21, 2024, Jefferies Upgrade their recommendations, while on October 19, 2023, Stifel Downgrade their ratings for the stock with a price target of $11. Stock get a Hold rating from Jefferies on May 04, 2023.
