On Monday, DHT Holdings Inc (NYSE: DHT) opened lower -1.84% from the last session, before settling in for the closing price of $11.39. Price fluctuations for DHT have ranged from $9.28 to $12.80 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 18.00% annually for the last half of the decade. Company’s average yearly earnings per share was noted 18.37% at the time writing. With a float of $139.15 million, this company’s outstanding shares have now reached $161.00 million.
In an organization with 1212 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.99%, operating margin of 32.92%, and the pretax margin is 27.82%.
DHT Holdings Inc (DHT) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of DHT Holdings Inc is 13.82%, while institutional ownership is 62.13%. The most recent insider transaction that took place on Aug 19 ’24, was worth 307,027.
DHT Holdings Inc (DHT) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.19 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.2) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.37% per share during the next fiscal year.
DHT Holdings Inc (NYSE: DHT) Trading Performance Indicators
Check out the current performance indicators for DHT Holdings Inc (DHT). In the past quarter, the stock posted a quick ratio of 2.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.17. Likewise, its price to free cash flow for the trailing twelve months is 18.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.97, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.81 in one year’s time.
Technical Analysis of DHT Holdings Inc (DHT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.11 million. That was inferior than the volume of 1.85 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 27.87%. Additionally, its Average True Range was 0.31.
During the past 100 days, DHT Holdings Inc’s (DHT) raw stochastic average was set at 47.93%, which indicates a significant increase from 13.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.26% in the past 14 days, which was higher than the 31.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.06, while its 200-day Moving Average is $11.29. However, in the short run, DHT Holdings Inc’s stock first resistance to watch stands at $11.44. Second resistance stands at $11.69. The third major resistance level sits at $11.84. If the price goes on to break the first support level at $11.03, it is likely to go to the next support level at $10.88. Assuming the price breaks the second support level, the third support level stands at $10.63.
DHT Holdings Inc (NYSE: DHT) Key Stats
There are currently 161,329K shares outstanding in the company with a market cap of 1.81 billion. Presently, the company’s annual sales total 560,560 K according to its annual income of 161,350 K. Last quarter, the company’s sales amounted to 151,240 K and its income totaled 44,350 K.
