On Thursday, Nordic American Tankers Ltd (NYSE: NAT) remained unchanged from the previous day of trading 2.87% from the last session, before settling in for the closing price of $2.44. Price fluctuations for NAT have ranged from $2.13 to $4.40 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 9.01%. Company’s average yearly earnings per share was noted 30.91% at the time writing. With a float of $205.36 million, this company’s outstanding shares have now reached $211.75 million.
In terms of profitability, gross margin is 41.17%, operating margin of 26.52%, and the pretax margin is 16.0%.
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 38.92%.
Nordic American Tankers Ltd (NAT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.91% 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 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.52. Likewise, its price to free cash flow for the trailing twelve months is 4.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.22, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of Nordic American Tankers Ltd (NAT)
Compared to the last year’s volume of 2.95 million, its volume of 2.63 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 78.05%. Additionally, its Average True Range was 0.11.
During the past 100 days, Nordic American Tankers Ltd’s (NAT) raw stochastic average was set at 42.70%, which indicates a significant decrease from 92.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.23% in the past 14 days, which was higher than the 39.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.53, while its 200-day Moving Average is $3.08. Nevertheless, the first resistance level for the watch stands at $2.54 in the near term. At $2.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.61. If the price goes on to break the first support level at $2.47, it is likely to go to the next support level at $2.42. Now, if the price goes above the second support level, the third support stands at $2.40.
Nordic American Tankers Ltd (NYSE: NAT) Key Stats
There are currently 208,800K shares outstanding in the company with a market cap of 531.49 million. Presently, the company’s annual sales total 225,100 K according to its annual income of 46,640 K. Last quarter, the company’s sales amounted to 46,390 K and its income totaled 1,300 K.
