Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -0.82% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -35.60%. Over the past 30 days, the price of NAT has leaped by -10.81%. And in the last five days, it has fallen by -1.22%.
Nordic American Tankers Ltd experienced a rather shaky stock market performance. The highest value in the past year was recorded at $4.64 on 01/12/24 and the lowest value was $2.41 on 12/30/24.
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 -46.62% away from its 52-week high, while its distance from the 52-week low is 2.88%. The stock’s price range during this period has varied between$2.41 and $4.64. The Nordic American Tankers Ltd’s shares, which operate in the Energy, saw a trading volume of around 0.99 million for the day, a figure considerably lower than their average daily volume of 2.61 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nordic American Tankers Ltd (NAT) has experienced a quarterly decline of -34.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 517.69M 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 3.25, with a change in price of -1.10. Similarly, Nordic American Tankers Ltd recorded 2,408,996 in trading volume during the last 100 days, posting a change of -30.59%.
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
As of today, Nordic American Tankers Ltd’s raw stochastic average for the last 50 days stands at 7.21%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 19.23%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 25.58% and 23.53%, respectively.
