Prominent Runners: Nordic American Tankers Limited (NAT), Consolidated Communications Holdings Inc. (CNSL)

Lloyd Doyle
December 7, 2017

The stock of Nordic American Tankers Limited (NYSE:NAT) has "Sell" rating given on Monday, September 25 by Jefferies. Credit Suisse Group AG assumed coverage on Nordic American Tanker in a research note on Friday, January 13th. If the $17.69 price target is reached, the company will be worth $14.54M more. Nordic American Tankers presently has a consensus rating of "Hold" and a consensus target price of $5.67. Zacks Investment Research lowered Nordic American Tanker from a hold rating to a sell rating in a research note on Tuesday, January 17th.

According to the recommendations from 7 analysts stock has mean rating of 3.71 on the shares of Nordic American Tanker Shipping Ltd (NYSE:NAT). Nordic American Tanker now has an average rating of Hold and an average price target of $7.43.

The stock of Nordic American Tankers Limited (NYSE:NAT) hit a new 52-week low and has $3.61 target or 5.00 % below today's $3.80 share price. Stock's minimum price target estimates has been figured out at $3 while the maximum price target forecast is established at $11. Morgan Stanley maintained Nordic American Tankers Limited (NYSE:NAT) rating on Wednesday, November 8.

Dynavax Technologies (NASDAQ:DVAX)'s distance from 20 day simple moving average is -0.0852 along with distance from 50 day simple moving average of 19.87 whereas its distance from 200 day simple moving average is 15.65. The stock has a market capitalization of $396.58, a PE ratio of 97.25 and a beta of 0.88. Nordic American Tankers Limited has a 52-week low of $3.89 and a 52-week high of $9.95. Renaissance Technology Limited Liability Company holds 0.01% or 617,800 shares.

According to 7 analysts, the Average Revenue Estimate for the current Fiscal quarter is $53.15 Million and the Low Revenue estimate is $37.65 Million, while the High Revenue estimate is $86.9 Million. The company now has a Return on Equity (ROE) of -67.3 and a Return on Investment (ROI) of -124.1.

Quarterly Revenue Growth on year-over-year basis stands at -48.4 percent. During the same quarter in the prior year, the company earned $0.33 earnings per share.


Currently, the 14-day ADX for Nordic American Tanker Shipping Ltd (NAT) is sitting at 26.61. Shareholders of record on Monday, November 13th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, November 10th. For the most recent quarter, quick ratio was 2.7, current ratio was 3.5, LT Debt/Equity ratio was 0.58 and Total Debt/Equity ratio stands at 0.58, while Payout ratio is 0. Nordic American Tanker's dividend payout ratio (DPR) is now 210.53%.

A number of large investors have recently added to or reduced their stakes in the business. (CNSL) shares declined -2.69% and ended the day at $12.29.

Currently Nordic American Tanker Shipping Ltd (NYSE:NAT)'s shares owned by insiders are 1.9%, whereas shares owned by institutional owners are 25.1%. Finally, Virtu KCG Holdings LLC raised its stake in shares of Nordic American Tankers by 221.3% in the 2nd quarter. "We are pleased to have secured solid long term financing for the three newbuildings with such good companies". Finally, Teachers Advisors LLC lifted its holdings in shares of Nordic American Tankers by 1.8% during the 1st quarter.

When we look at the Analyst Recommendations of the stock, the company has 2.33 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Nordic American Tankers Limi now has $406.77 million valuation. "The Company's Suezmaxes tankers can carry over one million barrels of oil.new TradingView.widget ({ "height": "400, "width": "625, "symbol": "NAT", "interval": "D", "timezone": "Etc/UTC", "theme": "White", "style": "1", "locale": "en", "toolbar_bg": "#f1f3f6", "enable_publishing": "false, "hideideas": "true, "referral_id": "2588"}); To view Vetr's full report, visit Vetr's official website. Furthermore on 7/21/17 Evercore ISI Group "Downgrades" the stock to Underperform at $0.

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