DHT Holdings Inc. (NYSE:DHT) went down by -0.90% from its latest closing price compared to the recent 1-year high of $9.31. The company’s stock price has collected -0.11% of loss in the last five trading sessions.
Is It Worth Investing in DHT Holdings Inc. (NYSE :DHT) Right Now?
Plus, the 36-month beta value for DHT is at -0.38. Opinions of the stock are interesting as 10 analysts out of 10 who provided ratings for DHT Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $9.50, which is $0.39 above the current price. DHT currently public float of 134.28M and currently shorts hold a 2.94% ratio of that float. Today, the average trading volume of DHT was 2.48M shares.
DHT’s Market Performance
DHT stocks went down by -0.11% for the week, with a monthly jump of 13.14% and a quarterly performance of 49.07%, while its annual performance rate touched 51.12%. The volatility ratio for the week stands at 5.13% while the volatility levels for the past 30 days are set at 3.98% for DHT Holdings Inc. The simple moving average for the period of the last 20 days is 6.28% for DHT stocks with a simple moving average of 42.82% for the last 200 days.
Analysts’ Opinion of DHT
Many brokerage firms have already submitted their reports for DHT stocks, with Jefferies repeating the rating for DHT by listing it as a “Buy.” The predicted price for DHT in the upcoming period, according to Jefferies is $9 based on the research report published on July 21st of the current year 2022.
Jefferies, on the other hand, stated in their research note that they expect to see DHT reach a price target of $8. The rating they have provided for DHT stocks is “Buy” according to the report published on April 27th, 2022.
Stifel gave a rating of “Buy” to DHT, setting the target price at $7 in the report published on August 11th of the previous year.
DHT Trading at 15.40% from the 50-Day Moving Average
After a stumble in the market that brought DHT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.69% of loss for the given period.
Volatility was left at 3.98%, however, over the last 30 days, the volatility rate increased by 5.13%, as shares surge +10.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.37% upper at present.
During the last 5 trading sessions, DHT fell by -0.11%, which changed the moving average for the period of 200-days by +61.99% in comparison to the 20-day moving average, which settled at $8.30. In addition, DHT Holdings Inc. saw 69.17% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DHT
Current profitability levels for the company are sitting at:
- -6.61 for the present operating margin
- -1.01 for the gross margin
The net margin for DHT Holdings Inc. stands at -3.89. Equity return is now at value -3.00, with -2.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.15.