On Tuesday, Nordic American Tankers Ltd (NYSE: NAT) was unchanged from the session before settling in for the closing price of $3.05. A 52-week range for NAT has been $2.95 – $4.64.
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Energy Sector giant saw their annual sales surged by 13.10% over the last five years. When this article was written, the company’s average yearly earnings per share was at -29.36%. With a float of $202.49 million, this company’s outstanding shares have now reached $208.80 million.
The firm has a total of 17 workers. Let’s measure their productivity. In terms of profitability, gross margin is 39.11%, operating margin of 30.43%, and the pretax margin is 20.52%.
Nordic American Tankers Ltd (NAT) Breakdown of a Key Holders of the stock
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 41.03%.
Nordic American Tankers Ltd (NAT) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.04 earnings per share (EPS) during the time that was less than consensus figure (set at 0.05) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -29.36% 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 1.93. Likewise, its price to free cash flow for the trailing twelve months is 18.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Nordic American Tankers Ltd (NAT)
Analysing the last 5-days average volume posted by the [Nordic American Tankers Ltd, NAT], we can find that recorded value of 1.71 million was lower than the volume posted last year of 2.5 million. As of the previous 9 days, the stock’s Stochastic %D was 22.55%. 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 9.43%, which indicates a significant decrease from 29.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.08% in the past 14 days, which was higher than the 26.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.47, while its 200-day Moving Average is $3.80. Now, the first resistance to watch is $3.07. This is followed by the second major resistance level at $3.09. The third major resistance level sits at $3.11. If the price goes on to break the first support level at $3.02, it is likely to go to the next support level at $3.00. Now, if the price goes above the second support level, the third support stands at $2.98.
Nordic American Tankers Ltd (NYSE: NAT) Key Stats
There are 208,796K outstanding shares of the company, which has a market capitalization of 636.83 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.
