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 11.63%. However, over the past six months, we’ve seen a stronger performance of -5.98%. The price of DHT leaped by -1.43% over the last 30 days. And in the last five days, it has fallen by -4.69%.
In terms of market performance, DHT Holdings Inc had a fairly uneven. The highest value for the stock in the past year was $12.80 on 05/20/24, and the lowest value was recorded at $8.67 on 12/17/24.
52-week price history of DHT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. DHT Holdings Inc’s current trading price is -18.98% away from its 52-week high, while its distance from the 52-week low is 19.61%. The stock’s price range during this period has varied between$8.67 and $12.80. The DHT Holdings Inc’s shares, which operate in the Energy, saw a trading volume of around 2.96 million for the day, a figure considerably higher than their average daily volume of 1.93 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
DHT Holdings Inc (DHT) has experienced a quarterly rise of 12.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.66B and boasts a workforce of 924 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 10.37, with a change in price of +0.34. Similarly, DHT Holdings Inc recorded 1,859,264 in trading volume during the last 100 days, posting a change of +3.39%.
DHT’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 DHT stands at 0.40. Similarly, the long-term debt-to-equity ratio is also 0.32.
DHT Stock Stochastic Average
DHT Holdings Inc’s raw stochastic average for the past 50 days is presently 13.33%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 26.13%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 35.92% and 42.57%, respectively.
