On Friday, Nordic American Tankers Ltd (NYSE: NAT) opened lower -6.94% from the last session, before settling in for the closing price of $2.88. Price fluctuations for NAT have ranged from $2.83 to $4.64 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 13.10%. Company’s average yearly earnings per share was noted -31.49% at the time writing. With a float of $202.49 million, this company’s outstanding shares have now reached $208.80 million.
Considering the fact that the conglomerate employs 17 people, you should pay attention to its efficiency factor. 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
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. 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
According to the Wall Street analysts, stocks earnings will be around -31.49% per share during the next fiscal year.
Nordic American Tankers Ltd (NYSE: NAT) Trading Performance Indicators
Check out the current performance indicators for Nordic American Tankers Ltd (NAT). In the past quarter, the stock posted a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.56. Likewise, its price to free cash flow for the trailing twelve months is 12.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.50 in one year’s time.
Technical Analysis of Nordic American Tankers Ltd (NAT)
Compared to the last year’s volume of 2.52 million, its volume of 3.38 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 17.21%. Additionally, its Average True Range was 0.10.
During the past 100 days, Nordic American Tankers Ltd’s (NAT) raw stochastic average was set at 3.91%, which indicates a significant decrease from 9.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.25% in the past 14 days, which was higher than the 28.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.36, while its 200-day Moving Average is $3.76. Nevertheless, the first resistance level for the watch stands at $2.84 in the near term. At $3.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.11. If the price goes on to break the first support level at $2.57, it is likely to go to the next support level at $2.47. Now, if the price goes above the second support level, the third support stands at $2.30.
Nordic American Tankers Ltd (NYSE: NAT) Key Stats
There are currently 208,796K shares outstanding in the company with a market cap of 520.71 million. Presently, the company’s annual sales total 391,690 K according to its annual income of 98,710 K. Last quarter, the company’s sales amounted to 66,100 K and its income totaled 21,610 K.
