Let’s start up with the current stock price of DHT Holdings Inc. (DHT), which is $5.80 to be very precise. The Stock rose vividly during the last session to $5.88 after opening rate of $5.76 while the lowest price it went was recorded $5.70 before closing at $5.74.Recently in News on June 17, 2022, DHT Holdings, Inc. announces the results of the 2022 annual meeting of shareholders. HAMILTON, BERMUDA, June 17, 2022 – DHT Holdings, Inc. (NYSE:DHT) (“DHT”) announces the results of its 2022 Annual Meeting of Shareholders (the “Annual Meeting”) held on Thursday, June 16, 2022. Shareholders holding an aggregate of approximately 109,897,073 common shares of DHT were present or represented by proxy at the Annual Meeting, representing approximately 66% of the issued and outstanding common shares of DHT as of the close of business on May 5, 2022, the record date for the Annual Meeting. At the Annual Meeting, the shareholders voted (1) to elect Einar Michael Steimler and Joseph H. Pyne to DHT’s Board of Directors, as Class II directors, for a term of three years, (2) to approve the 2022 Incentive Compensation Plan and (3) to ratify the selection of Ernst & Young AS as DHT’s independent registered public accounting firm for the fiscal year ending December 31, 2022.The detailed results of the Annual Meeting were as follows:. You can read further details here
DHT Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.67 on 04/08/22, with the lowest value was $4.55 for the same time period, recorded on 01/24/22.
DHT Holdings Inc. (DHT) full year performance was -11.69%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, DHT Holdings Inc. shares are logging -19.33% during the 52-week period from high price, and 27.47% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.55 and $7.19.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1131510 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the DHT Holdings Inc. (DHT) recorded performance in the market was 10.60%, having the revenues showcasing -0.69% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.02B, as it employees total of 18 workers.
Analysts verdict on DHT Holdings Inc. (DHT)
During the last month, 0 analysts gave the DHT Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 5.75, with a change in the price was noted +0.91. In a similar fashion, DHT Holdings Inc. posted a movement of +18.60% for the period of last 100 days, recording 2,690,665 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DHT is recording 0.51 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.49.
DHT Holdings Inc. (DHT): Technical Analysis
Raw Stochastic average of DHT Holdings Inc. in the period of last 50 days is set at 61.51%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 53.23%. In the last 20 days, the company’s Stochastic %K was 51.79% and its Stochastic %D was recorded 35.54%.
Let’s take a glance in the erstwhile performances of DHT Holdings Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 10.60%. Additionally, trading for the stock in the period of the last six months notably improved by 9.33%, alongside a downfall of -11.69% for the period of the last 12 months. The shares increased approximately by 1.23% in the 7-day charts and went up by 0.17% in the period of the last 30 days. Common stock shares were lifted by -0.69% during last recorded quarter.