DHT Holdings Inc. (NYSE: DHT)’s stock price has plunge by 0.56relation to previous closing price of 8.00. Nevertheless, the company has seen a 1.71% surge in its stock price over the last five trading sessions.
Is It Worth Investing in DHT Holdings Inc. (NYSE: DHT) Right Now?
DHT Holdings Inc. (NYSE: DHT) has a higher price-to-earnings ratio of 11.19x compared to its average ratio, and the 36-month beta value for DHT is at -0.20. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for DHT is $12.87, which is $4.47 above the current market price. The public float for DHT is 134.28M, and currently, shorts hold a 3.76% of that float. The average trading volume for DHT on May 25, 2023 was 2.31M shares.
DHT’s Market Performance
The stock of DHT Holdings Inc. (DHT) has seen a 1.71% increase in the past week, with a -14.51% drop in the past month, and a -29.80% fall in the past quarter. The volatility ratio for the week is 3.52%, and the volatility levels for the past 30 days are at 4.31% for DHT. The simple moving average for the last 20 days is -5.47% for DHT stock, with a simple moving average of -12.61% for the last 200 days.
DHT Trading at -15.73% 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 -33.68% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 3.52%, as shares sank -15.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.28% lower at present.
During the last 5 trading sessions, DHT rose by +1.58%, which changed the moving average for the period of 200-days by +6.99% in comparison to the 20-day moving average, which settled at $8.43. In addition, DHT Holdings Inc. saw -9.40% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DHT
Current profitability levels for the company are sitting at:
- +11.31 for the present operating margin
- +15.06 for the gross margin
The net margin for DHT Holdings Inc. stands at +13.66. The total capital return value is set at 3.35, while invested capital returns managed to touch 4.11. Equity return is now at value 11.30, with 7.80 for asset returns.
Based on DHT Holdings Inc. (DHT), the company’s capital structure generated 37.13 points at debt to equity in total, while total debt to capital is 27.07. Total debt to assets is 26.56, with long-term debt to equity ratio resting at 34.35. Finally, the long-term debt to capital ratio is 25.05.
When we switch over and look at the enterprise to sales, we see a ratio of 3.12, with the company’s debt to enterprise value settled at 0.23. The receivables turnover for the company is 10.03 and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.66.
Conclusion
In conclusion, DHT Holdings Inc. (DHT) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
