DHT Holdings Inc (DHT) soared 2.13 in the last month: It’s impossible to believe the numbers

On Friday, DHT Holdings Inc (NYSE: DHT) was 2.13% up from the session before settling in for the closing price of $8.93. A 52-week range for DHT has been $8.69 – $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. When this article was written, the company’s average yearly earnings per share was at 1.12%. With a float of $139.12 million, this company’s outstanding shares have now reached $161.46 million.

In an organization with 1212 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.86%, operating margin of 33.07%, and the pretax margin is 28.03%.

DHT Holdings Inc (DHT) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward DHT Holdings Inc stocks. The insider ownership of DHT Holdings Inc is 13.84%, while institutional ownership is 61.14%. The most recent insider transaction that took place on Aug 19 ’24, was worth 307,027.

DHT Holdings Inc (DHT) Performance Highlights and Predictions

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 1.12% per share during the next fiscal year.

DHT Holdings Inc (NYSE: DHT) Trading Performance Indicators

You can see what DHT Holdings Inc (DHT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.60. Likewise, its price to free cash flow for the trailing twelve months is 7.96.

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 2.05 million. That was better than the volume of 1.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.11%. Additionally, its Average True Range was 0.33.

During the past 100 days, DHT Holdings Inc’s (DHT) raw stochastic average was set at 12.54%, which indicates a significant decrease from 28.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.15% in the past 14 days, which was higher than the 33.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.44, while its 200-day Moving Average is $11.13. However, in the short run, DHT Holdings Inc’s stock first resistance to watch stands at $9.22. Second resistance stands at $9.32. The third major resistance level sits at $9.51. If the price goes on to break the first support level at $8.93, it is likely to go to the next support level at $8.74. Assuming the price breaks the second support level, the third support level stands at $8.64.

DHT Holdings Inc (NYSE: DHT) Key Stats

There are 161,329K outstanding shares of the company, which has a market capitalization of 1.50 billion. As of now, sales total 560,560 K while income totals 161,350 K. Its latest quarter income was 142,110 K while its last quarter net income were 35,210 K.