A look at DHT Holdings Inc’s (DHT) recent performance gives investors their first glimpse of hope.

A new trading day began on Tuesday, with DHT Holdings Inc (NYSE: DHT) stock price down -0.79% from the previous day of trading, before settling in for the closing price of $10.11. DHT’s price has ranged from $9.28 to $12.80 over the past 52 weeks.

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Energy Sector giant saw their annual sales surged by 18.00% over the last five years. Meanwhile, its annual earnings per share averaged 12.55%. With a float of $139.15 million, this company’s outstanding shares have now reached $161.00 million.

The firm has a total of 1212 workers. Let’s measure their productivity. 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 Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of DHT Holdings Inc is 13.82%, while institutional ownership is 62.05%. The most recent insider transaction that took place on Aug 19 ’24, was worth 307,027.

DHT Holdings Inc (DHT) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 12.55% per share during the next fiscal year.

DHT Holdings Inc (NYSE: DHT) Trading Performance Indicators

Here are DHT Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.85. Likewise, its price to free cash flow for the trailing twelve months is 16.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.97, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.71 in one year’s time.

Technical Analysis of DHT Holdings Inc (DHT)

Analysing the last 5-days average volume posted by the [DHT Holdings Inc, DHT], we can find that recorded value of 1.38 million was lower than the volume posted last year of 1.84 million. As of the previous 9 days, the stock’s Stochastic %D was 8.69%. Additionally, its Average True Range was 0.28.

During the past 100 days, DHT Holdings Inc’s (DHT) raw stochastic average was set at 2.79%, which indicates a significant decrease from 3.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.69% in the past 14 days, which was lower than the 32.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.93, while its 200-day Moving Average is $11.26. Now, the first resistance to watch is $10.16. This is followed by the second major resistance level at $10.30. The third major resistance level sits at $10.39. If the price goes on to break the first support level at $9.93, it is likely to go to the next support level at $9.84. Should the price break the second support level, the third support level stands at $9.70.

DHT Holdings Inc (NYSE: DHT) Key Stats

With a market capitalization of 1.62 billion, the company has a total of 161,329K Shares Outstanding. Currently, annual sales are 560,560 K while annual income is 161,350 K. The company’s previous quarter sales were 151,240 K while its latest quarter income was 44,350 K.