On Monday, Nordic American Tankers Ltd (NYSE: NAT) was -0.26% drop from the session before settling in for the closing price of $3.80. A 52-week range for NAT has been $3.31 – $4.83.
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Annual sales at Energy sector company grew by 13.10% over the past five years. When this article was written, the company’s average yearly earnings per share was at -12.39%. With a float of $202.49 million, this company’s outstanding shares have now reached $208.80 million.
Let’s look at the performance matrix of the company that is accounted for 17 employees. In terms of profitability, gross margin is 35.06%, operating margin of 27.28%, and the pretax margin is 18.4%.
Nordic American Tankers Ltd (NAT) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Nordic American Tankers Ltd stocks. The insider ownership of Nordic American Tankers Ltd is 3.02%, while institutional ownership is 43.56%.
Nordic American Tankers Ltd (NAT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -12.39% per share during the next fiscal year.
Nordic American Tankers Ltd (NYSE: NAT) Trading Performance Indicators
You can see what Nordic American Tankers Ltd (NAT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.39. Likewise, its price to free cash flow for the trailing twelve months is 22.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.61 in one year’s time.
Technical Analysis of Nordic American Tankers Ltd (NAT)
Nordic American Tankers Ltd (NYSE: NAT) saw its 5-day average volume 2.5 million, a negative change from its year-to-date volume of 2.53 million. As of the previous 9 days, the stock’s Stochastic %D was 84.34%. Additionally, its Average True Range was 0.09.
During the past 100 days, Nordic American Tankers Ltd’s (NAT) raw stochastic average was set at 44.04%, which indicates a significant decrease from 84.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.68% in the past 14 days, which was lower than the 30.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.63, while its 200-day Moving Average is $3.97. Nevertheless, the first resistance level for the watch stands at $3.82 in the near term. At $3.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.88. If the price goes on to break the first support level at $3.76, it is likely to go to the next support level at $3.74. The third support level lies at $3.70 if the price breaches the second support level.
Nordic American Tankers Ltd (NYSE: NAT) Key Stats
There are 208,796K outstanding shares of the company, which has a market capitalization of 791.35 million. As of now, sales total 391,690 K while income totals 98,710 K. Its latest quarter income was 66,100 K while its last quarter net income were 21,610 K.
