DHT Holdings Inc (NYSE: DHT) on Friday, plunged -3.24% from the previous trading day, before settling in for the closing price of $10.80. Within the past 52 weeks, DHT’s price has moved between $9.28 and $12.80.
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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. The company achieved an average annual earnings per share of 1.27%. With a float of $139.12 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 33.13%, and the pretax margin is 27.82%.
DHT Holdings Inc (DHT) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of DHT Holdings Inc is 13.82%, while institutional ownership is 61.09%. The most recent insider transaction that took place on Aug 19 ’24, was worth 307,027.
DHT Holdings Inc (DHT) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.22 earnings per share (EPS) for the period topping the consensus outlook (set at 0.21) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.27% per share during the next fiscal year.
DHT Holdings Inc (NYSE: DHT) Trading Performance Indicators
DHT Holdings Inc (DHT) is currently performing well based on its current performance indicators. A quick ratio of 1.97 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.82. Likewise, its price to free cash flow for the trailing twelve months is 8.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.60 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 1.71 million. That was inferior than the volume of 1.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 70.09%. Additionally, its Average True Range was 0.32.
During the past 100 days, DHT Holdings Inc’s (DHT) raw stochastic average was set at 22.99%, which indicates a significant decrease from 45.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.64% in the past 14 days, which was higher than the 34.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.92, while its 200-day Moving Average is $11.24. However, in the short run, DHT Holdings Inc’s stock first resistance to watch stands at $10.73. Second resistance stands at $11.01. The third major resistance level sits at $11.16. If the price goes on to break the first support level at $10.29, it is likely to go to the next support level at $10.14. The third support level lies at $9.86 if the price breaches the second support level.
DHT Holdings Inc (NYSE: DHT) Key Stats
Market capitalization of the company is 1.63 billion based on 161,329K outstanding shares. Right now, sales total 560,560 K and income totals 161,350 K. The company made 151,240 K in profit during its latest quarter, and 44,350 K in sales during its previous quarter.
