NAT stock: buy or sell?
October 18th, 2019
Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers worldwide. It operates a fleet of 33 Suezmax crude oil tankers.
Should I buy NAT stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Nordic American Tankers stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Nordic American Tankers stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for NAT stock for the last 30 days.
NAT stock analysis
Shares of Nordic American Tankers stepped up a good 1.27% and closed at $4.00.
Nordic American Tankers stepped up a good 1.27% and closed at $4.00. Since last Sep 25th when NAT stock price broke up the SMA200d line, it gained $2.10 (110.53%). Since last September/20 when SMA100d and SMA200d crossed up, NAT price gained $2.00 per share (100.00%). NAT shows a short term strength with several rising tops and rising bottoms. In the very short term, on Wednesday it marked a new bottom at $3.80 that should act a support if Nordic American Tankers starts a trading flat base in the range of $3.80 - $4.47 If Nordic American Tankers breakouts over $4.47 with average or higher volume, this would be a signal that the uptrend resumes.
After boosting a super good 32.45% in a week last week, Nordic American Tankers closed this week at $4.00 and fell a fateful -3.15%.
Since price and SMA40w lines crossed up late September, NAT climbed $1.99 (99.00%). Since SMA20d and SMA40w crossed up early September, NAT price climbed $2.22 per share (124.72%).
NAT stock price history
NAT stock went public on September 30th, 1997 with a price of $1.661. Since then, NAT stock surged a 141.00%, with a yearly average of 6.40%. If you had invested right after NAT's IPO a $1,000 in NAT stock in 1997, it would worth $1,410.00 today.
1: Adjusted price after possible price splits or reverse-splits.
NAT stock historical price chart
NAT stock reached 52-week highs on Monday at $4.47, and all-time highs 2009-05-05 with a price of 17.54.
NAT stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price forecast for Nordic American Tankers stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareNordic American Tankers reported super good results for 2018-Q4 on February. Nordic American Tankers boosted Earnings per Share (EPS) by 400.00%, beating experts of $-0.01. Nordic American Tankers posted $-0.05.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Nordic American Tankers annual turnover declined a disappointing -2.73% to $289.02 M USD from $297.14 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) boosted a 36.00% to -32.98%.
|2013||$244 M||-||$-105.42 M-43.3%||-|
|2014||$351 M||44.07%||$-12.81 M-3.6%||-87.85%|
|2015||$446 M||26.97%||$115 M25.7%||-994.96%|
|2016||$357 M||-19.81%||$-4.46 M-1.2%||-103.89%|
|2017||$297 M||-16.87%||$-204.97 M-69.0%||4,499.84%|
|2018||$289 M||-2.73%||$-95.31 M-33.0%||-53.50%|
Quarterly financial resultsNordic American Tankers posted $86.16 M in revenues for 2018-Q4, a -41.08% less compared to previous quarter. Reported quarter income marked $-10.47 M with a profit margin of -12.15%. Profit margin skyrocketed a 13.83% compared to previous quarter when profit margin was -25.97%. When comparing sales to same quarter last year, Nordic American Tankers sales marked a dazzling gain and rocketed a 18.71%.
|2017-Q1||$55 M||-||$-3.43 M-6.2%||-|
|2017-Q2||$39 M||-29.17%||$-15.90 M-40.7%||363.56%|
|2017-Q3||$130 M||233.16%||$-34.27 M-26.3%||115.55%|
|2017-Q4||$73 M||-44.28%||$-151.37 M-208.5%||341.65%|
|2018-Q1||$30 M||-59.20%||$-19.67 M-66.4%||-87.00%|
|2018-Q2||$27 M||-8.81%||$-27.19 M-100.7%||38.19%|
|2018-Q3||$146 M||441.42%||$-37.98 M-26.0%||39.70%|
|2018-Q4||$86 M||-41.08%||$-10.47 M-12.1%||-72.44%|
Nordic American Tankers ownershipWhen you are planning to invest in shares of a company, it's worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Nordic American Tankers, 2.72% of all outstanding shares are owned by its staff.
In case of Nordic American Tankers stock, 26.47% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NAT stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$567.9 M||$295.3 M||$1.0 B||$2.1 B||$1.4 B|
|Total shares||142.0 M||33.1 M||142.4 M||196.9 M||101.3 M|
|Float shares||138.1 M||33.0 M||89.8 M||76.5 M||87.0 M|
|- Institutional holdings (%)||26.5%||95.4%||48.5%||0.0%||86.6%|
|- Insider holdings (%)||2.7%||0.4%||43.6%||0.0%||7.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, October 18th, 2019|
|Day range||$3.95 - $4.10|
|Average true range||$0.35|
|50d mov avg||$2.34|
|100d mov avg||$2.23|
|200d mov avg||$2.16|
Nordic American Tankers performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared Nordic American Tankers against Ardmore Shipping, DHT, Frontline, Golar LNG, Golden Ocean, Ship Finance International, Teekay LNG Partners, Teekay and Teekay Offshore Partners in the following table:
|NATNordic American T...||91.39%||99.00%||75.44%|
|SFLShip Finance Inte...||18.02%||22.62%||28.36%|
|TGPTeekay LNG Partne...||-11.23%||-10.14%||-10.26%|
|TOOTeekay Offshore P...||25.41%||7.75%||-30.45%|