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Tsakos Energy Navigation Limited (TNP) is on the roll with an average volume of 379.34K in the recent 3 months

Tsakos Energy Navigation Limited (TNP) is priced at $18.57 after the most recent trading session. At the very opening of the session, the stock price was $22.14 and reached a high price of $22.58, prior to closing the session it reached the value of $21.80. The stock touched a low price of $21.13.Recently in News on March 16, 2023, TEN Ltd. Reports Record Profits for Fourth Quarter and Year-End 2022 and Declares Annual Dividend of $0.60 Per Common Share. Year revenues at $860 million and record profits of $204.2 million (EPS at $6.02 for 2022). You can read further details here

Tsakos Energy Navigation Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $24.78 on 03/09/23, with the lowest value was $8.01 for the same time period, recorded on 03/29/22.

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Tsakos Energy Navigation Limited (TNP) full year performance was 135.06%

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, Tsakos Energy Navigation Limited shares are logging -25.05% during the 52-week period from high price, and 131.84% 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 $8.01 and $24.78.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 760165 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 Tsakos Energy Navigation Limited (TNP) recorded performance in the market was 9.69%, having the revenues showcasing 7.22% 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 627.19M.

The Analysts eye on Tsakos Energy Navigation Limited (TNP)

During the last month, 0 analysts gave the Tsakos Energy Navigation Limited 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 18.68, with a change in the price was noted +0.33. In a similar fashion, Tsakos Energy Navigation Limited posted a movement of +1.83% for the period of last 100 days, recording 399,432 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 TNP is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.05.

Technical rundown of Tsakos Energy Navigation Limited (TNP)

Raw Stochastic average of Tsakos Energy Navigation Limited in the period of last 50 days is set at 34.06%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 9.92%. In the last 20 days, the company’s Stochastic %K was 35.51% and its Stochastic %D was recorded 48.87%.

Considering, the past performance of Tsakos Energy Navigation Limited, 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 9.69%. Additionally, trading for the stock in the period of the last six months notably improved by 3.92%, alongside a boost of 135.06% for the period of the last 12 months. The shares increased approximately by -20.03% in the 7-day charts and went down by -12.61% in the period of the last 30 days. Common stock shares were driven by 7.22% during last recorded quarter.

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