Get in on Nordic American Tankers Ltd’s (NAT) buy-in window today!

With 2.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.4 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 839.38 million, NAT has annualized dividend of $0.49 while the current yield stands at 12.19%. 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 -0.74%, but this was down by -5.63% over a month. Three-month performance surged to 4.69% while six-month performance rose 5.24%. The stock gained 2.03% in the past year, while it has lost -4.29% 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. In addition to NMHI as the firm’s Nature’s Miracle Holding Inc. C, NG=F serves as its Natural Gas Apr 24.

Institutional Ownership:

Through their ownership of 45.88% 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.