-23.51% percent quarterly performance for Hafnia Ltd (HAFN) is not indicative of the underlying story

On Monday, Hafnia Ltd (NYSE: HAFN) opened lower -1.05% from the last session, before settling in for the closing price of $5.69. Price fluctuations for HAFN have ranged from $5.12 to $8.99 over the past 52 weeks.

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During the last 5-year period, the sales growth of Industrials Sector giant was 59.86%. Company’s average yearly earnings per share was noted -1.96% at the time writing. With a float of $276.74 million, this company’s outstanding shares have now reached $509.94 million.

Let’s determine the extent of company efficiency that accounts for 5040 employees. In terms of profitability, gross margin is 34.01%, operating margin of 29.38%, and the pretax margin is 28.79%.

Hafnia Ltd (HAFN) Insider Activity

A key investor’s attitude towards the stock of the Marine Shipping industry is another important factor to consider. The insider ownership of Hafnia Ltd is 45.73%, while institutional ownership is 31.17%.

Hafnia Ltd (HAFN) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1.96% per share during the next fiscal year.

Hafnia Ltd (NYSE: HAFN) Trading Performance Indicators

Check out the current performance indicators for Hafnia Ltd (HAFN). In the past quarter, the stock posted a quick ratio of 1.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94. Likewise, its price to free cash flow for the trailing twelve months is 3.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.70, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.14 in one year’s time.

Technical Analysis of Hafnia Ltd (HAFN)

Looking closely at Hafnia Ltd (NYSE: HAFN), its last 5-days average volume was 3.64 million, which is a jump from its year-to-date volume of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 64.16%. Additionally, its Average True Range was 0.20.

During the past 100 days, Hafnia Ltd’s (HAFN) raw stochastic average was set at 16.11%, which indicates a significant decrease from 63.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.37% in the past 14 days, which was higher than the 39.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.31, while its 200-day Moving Average is $7.36. However, in the short run, Hafnia Ltd’s stock first resistance to watch stands at $5.70. Second resistance stands at $5.76. The third major resistance level sits at $5.85. If the price goes on to break the first support level at $5.54, it is likely to go to the next support level at $5.45. Should the price break the second support level, the third support level stands at $5.39.

Hafnia Ltd (NYSE: HAFN) Key Stats

There are currently 506,820K shares outstanding in the company with a market cap of 2.87 billion. Presently, the company’s annual sales total 2,672 M according to its annual income of 793,280 K. Last quarter, the company’s sales amounted to 831,160 K and its income totaled 259,200 K.