Nordic American Tankers Ltd (NYSE: NAT) started the day on Thursday, with a price increase of 2.05% at $3.98, before settling in for the price of $3.90 at the close. Taking a more long-term approach, NAT posted a 52-week range of $3.26-$4.83.
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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 5.47%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 29.81%. This publicly-traded company’s shares outstanding now amounts to $208.80 million, simultaneously with a float of $202.49 million. The organization now has a market capitalization sitting at $831.02 million. At the time of writing, stock’s 50-day Moving Average stood at $4.07, while the 200-day Moving Average is $4.13.
Nordic American Tankers Ltd (NAT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Marine Shipping Industry. Nordic American Tankers Ltd’s current insider ownership accounts for 3.02%, in contrast to 45.66% institutional ownership.
Nordic American Tankers Ltd (NAT) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $0.08 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.13) by -$0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
Nordic American Tankers Ltd’s EPS increase for this current 12-month fiscal period is 29.81% and is forecasted to reach 0.73 in the upcoming year.
Nordic American Tankers Ltd (NYSE: NAT) Trading Performance Indicators
Let’s observe the current performance indicators for Nordic American Tankers Ltd (NAT). It’s Quick Ratio in the last reported quarter now stands at 0.94. The Stock has managed to achieve an average true range (ATR) of 0.09. Alongside those numbers, its PE Ratio stands at $8.49, and its Beta score is -0.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.32. Similarly, its price to free cash flow for trailing twelve months is now 12.63.
In the same vein, NAT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.47, a figure that is expected to reach 0.10 in the next quarter, and analysts are predicting that it will be 0.73 at the market close of one year from today.
Technical Analysis of Nordic American Tankers Ltd (NAT)
If we take a close look at the recent performances of Nordic American Tankers Ltd (NYSE: NAT), its last 5-days Average volume was 2.24 million that shows plunge from its year to date volume of 2.97 million. During the previous 9 days, stock’s Stochastic %D was recorded 35.00% While, its Average True Range was 0.09.
Raw Stochastic average of Nordic American Tankers Ltd (NAT) in the period of the previous 100 days is set at 24.86%, which indicates a major fall in contrast to 65.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.62% that was lower than 33.52% volatility it exhibited in the past 100-days period.
