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1 Comment
Nordic American Tankers Limited is currently in a long term downtrend where the price is trading 1.9% below its 200 day moving average.
From a valuation standpoint, the stock is 92.3% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.2.
Nordic American Tankers Limited's total revenue sank by 41.2% to $56M since the same quarter in the previous year.
Its net income has dropped by 178.7% to $-10M since the same quarter in the previous year.
Finally, its free cash flow grew by 36.7% to $7M since the same quarter in the previous year.
Based on the above factors, Nordic American Tankers Limited gets an overall score of 2/5.
| Industry | Marine Shipping |
|---|---|
| Sector | Industrials |
| ISIN | BMG657731060 |
| CurrencyCode | EUR |
| Exchange | F |
| Dividend Yield | 7.3% |
|---|---|
| Beta | 0.14 |
| Target Price | 4.59 |
| PE Ratio | 50.33 |
| Market Cap | 664M |
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.
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