Nordic American Tankers Ltd (NYSE: NAT) kicked off on Friday, up 1.47% from the previous trading day, before settling in for the closing price of $2.72. Over the past 52 weeks, NAT has traded in a range of $2.13-$4.40.
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During the last 5-year period, the sales growth of Energy Sector giant was 9.01%. While this was happening, its average annual earnings per share was recorded 35.45%. With a float of $205.36 million, this company’s outstanding shares have now reached $211.75 million.
Let’s determine the extent of company efficiency that accounts for 15 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Nordic American Tankers Ltd is 3.02%, while institutional ownership is 39.44%.
Nordic American Tankers Ltd (NAT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 35.45% per share during the next fiscal year.
Nordic American Tankers Ltd (NYSE: NAT) Trading Performance Indicators
Take a look at Nordic American Tankers Ltd’s (NAT) current performance indicators. Last quarter, stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.67. Likewise, its price to free cash flow for the trailing twelve months is 4.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.22, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.35 in one year’s time.
Technical Analysis of Nordic American Tankers Ltd (NAT)
Looking closely at Nordic American Tankers Ltd (NYSE: NAT), its last 5-days average volume was 2.26 million, which is a drop from its year-to-date volume of 2.82 million. As of the previous 9 days, the stock’s Stochastic %D was 87.64%. Additionally, its Average True Range was 0.08.
During the past 100 days, Nordic American Tankers Ltd’s (NAT) raw stochastic average was set at 70.79%, which indicates a significant decrease from 92.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.73% in the past 14 days, which was lower than the 37.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.52, while its 200-day Moving Average is $2.97. However, in the short run, Nordic American Tankers Ltd’s stock first resistance to watch stands at $2.79. Second resistance stands at $2.83. The third major resistance level sits at $2.87. If the price goes on to break the first support level at $2.71, it is likely to go to the next support level at $2.67. Now, if the price goes above the second support level, the third support stands at $2.63.
Nordic American Tankers Ltd (NYSE: NAT) Key Stats
The company with the Market Capitalisation of 584.43 million has total of 211,751K Shares Outstanding. Its annual sales at the moment are 349,740 K in contrast with the sum of 46,640 K annual income. Company’s last quarter sales were recorded 171,040 K and last quarter income was 1,300 K.
