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Perhaps this is the right time to buy: DHT Holdings Inc. (DHT)

At the end of the latest market close, DHT Holdings Inc. (DHT) was valued at $6.57. In that particular session, Stock kicked-off at the price of $6.67 while reaching the peak value of $6.91 and lowest value recorded on the day was $6.62. The stock current value is $6.90.Recently in News on July 1, 2022, DHT Holdings, Inc. announces share buyback. HAMILTON, BERMUDA, July 1, 2022 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) announces that the Company has during the second quarter purchased 2,826,771 of its own shares — equivalent to 1.7% of its outstanding shares — at an average price of $5.6256. The shares have been retired upon receipt. You can read further details here

DHT Holdings Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.95 on 07/28/22, with the lowest value was $4.55 for the same time period, recorded on 01/24/22.

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DHT Holdings Inc. (DHT) full year performance was 18.97%

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 -4.03% during the 52-week period from high price, and 51.65% 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 4717304 for the day, which was evidently higher, 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 32.95%, having the revenues showcasing 22.78% 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 1.21B, as it employees total of 18 workers.

Specialists analysis on DHT Holdings Inc. (DHT)

During the last month, 8 analysts gave the DHT Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 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 5.95, with a change in the price was noted +0.78. In a similar fashion, DHT Holdings Inc. posted a movement of +12.75% for the period of last 100 days, recording 2,599,105 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.

Trends and Technical analysis: DHT Holdings Inc. (DHT)

Raw Stochastic average of DHT Holdings Inc. in the period of last 50 days is set at 96.59%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 96.09%. In the last 20 days, the company’s Stochastic %K was 85.41% and its Stochastic %D was recorded 87.68%.

Now, considering the stocks previous presentation, 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 32.95%. Additionally, trading for the stock in the period of the last six months notably improved by 40.24%, alongside a boost of 18.97% for the period of the last 12 months. The shares increased approximately by 1.47% in the 7-day charts and went down by 12.56% in the period of the last 30 days. Common stock shares were driven by 22.78% during last recorded quarter.

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