With 3.23 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.27 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 $5.24. With its current market cap of 803.88 million, NAT has annualized dividend of $0.46 while the current yield stands at 11.95%. Beta for the stock currently stands at -0.09.
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 -4.23%, but this was down by -8.11% over a month. Three-month performance dropped to -8.33% while six-month performance fell -2.04%. The stock lost -0.77% in the past year, while it has lost -8.33% so far this year. A look at the trailing 12-month EPS for NAT yields 0.47 with Next year EPS estimates of 0.64. For the next quarter, that number is 0.11. This implies an EPS growth rate of 15.99% for this year and 16.51% 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 29, 2024, short shares totaled 7.37 million, which was 3.53% higher than short shares on Jan 31, 2024.
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.