Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. DHT Holdings Inc’s current trading price is -15.82% away from its 52-week high, while its distance from the 52-week low is 24.28%. The stock’s price range during this period has varied between $8.67 and $12.80. The company, active in the Energy sector, saw a trading volume of around 1.08 million for the day, considerably lower average daily volume of 1.8 million observed over the last three months.
DHT Holdings Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $12.80 on 05/20/24, while the lowest price during the same period was $8.67 on 12/17/24.
How Financial Performance Impacts Market Capitalization
DHT Holdings Inc (DHT) has experienced a quarterly decline of -3.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.74B and boasts a workforce of 1212 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.41, with a change in price of +0.23. Similarly, DHT Holdings Inc recorded 1,780,533 in trading volume during the last 100 days, posting a change of +2.23%.
How DHT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for DHT stands at 0.40. Similarly, the long-term debt-to-equity ratio is also 0.35.
DHT Stock Stochastic Average
As of today, the raw stochastic average of DHT Holdings Inc over the last 50 days is at 77.19%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 74.85%. Further, the company’s Stochastic %K and %D values for the last 20 days were 68.85% and 69.24%, respectively.
DHT Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 15.98%. However, over the past six months, we’ve seen a stronger performance of -10.58%. The price of DHT fallen by 21.20% over the last 30 days. And in the last five days, it has fallen by -5.40%.
