With 3.08 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.37 million shares. The 52-week range on NAT shows that it touched its highest point at $4.83 and its lowest point at $3.26 during that stretch. It currently has a 1-year price target of $5.37. With its current market cap of 845.64 million, NAT has annualized dividend of $0.49 while the current yield stands at 12.10%. Beta for the stock currently stands at -0.08.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NAT was down-trending over the past week, with a drop of -2.17%, but this was down by -1.46% over a month. Three-month performance surged to 1.50% while six-month performance rose 6.30%. The stock lost -7.74% in the past year, while it has lost -3.57% so far this year. A look at the trailing 12-month EPS for NAT yields 0.47 with Next year EPS estimates of 0.74. For the next quarter, that number is 0.11. This implies an EPS growth rate of 20.24% for this year and 31.27% for next year.
Float and Shares Shorts:
At present, 208.80 million NAT shares are outstanding with a float of 202.49 million shares on hand for trading. On Feb 15, 2024, short shares totaled 6.05 million, which was 2.90% higher than short shares on Jan 12, 2024. In addition to NG=F as the firm’s Natural Gas Apr 24, TTF=F serves as its Dutch TTF Natural Gas Calendar.
Institutional Ownership:
Through their ownership of 45.87% of NAT’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NAT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
