A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -28.57% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -29.25%. Over the past 30 days, the price of NAT has leaped by -17.13%. And in the last five days, it has fallen by -2.28%.
Nordic American Tankers Ltd ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $4.65 on 11/14/23, while the lowest value for the same period was recorded at $3.06 on 11/12/24.
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52-week price history of NAT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Nordic American Tankers Ltd’s current trading price is -35.48% away from its 52-week high, while its distance from the 52-week low is -1.96%. The stock’s price range during this period has varied between$3.06 and $4.65. The Nordic American Tankers Ltd’s shares, which operate in the Energy, saw a trading volume of around 5.35 million for the day, a figure considerably higher than their average daily volume of 2.23 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nordic American Tankers Ltd (NAT) has experienced a quarterly decline of -15.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 626.39M and boasts a workforce of 17 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.62, with a change in price of -1.06. Similarly, Nordic American Tankers Ltd recorded 2,281,981 in trading volume during the last 100 days, posting a change of -26.11%.
NAT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NAT stands at 0.54. Similarly, the long-term debt-to-equity ratio is also 0.36.
NAT Stock Stochastic Average
Nordic American Tankers Ltd’s raw stochastic average for the past 50 days is presently 5.68%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 7.69%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.64% and 18.24%, respectively.