NAT stock: buy or sell?

NAT stock price: $2.98 2.76% At close on February 27th, 2020

Updated on:
February 27th, 2020

1

Nordic American Tankers shares rose 2.76% to $2.98 today. On February/25 NAT collapsed a dreadful -5.28%.

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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Only 1 of our buy setups matches with Nordic American Tankers stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is Nordic American Tankers stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for NAT stock for the last 30 days.

NAT stock analysis

Daily outlook

Nordic American Tankers ended today at $2.98 and rose an excellent 2.76%.

Shares of Nordic American Tankers rose an excellent 2.76% and closed at $2.98. Today NAT price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since SMA50d and SMA100d crossed up on October, NAT price slid a -27.49%.

NAT stock chart (daily)

Weekly outlook

Shares of Nordic American Tankers closed this week at $2.98 and plunged a hair-raising -8.87%. By mid February NAT rocketed a phenomenal 5.22% in just one week.

The support failed to resist and NAT fell deeper. Possible next supports for NAT stock are 1.65. This week, Nordic American Tankers stock lost the significant level of the 40-weeks moving average. Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since SMA20d and SMA40w crossed up early September, NAT price climbed $1.21 per share (68.36%).

NAT stock chart (weekly)

NAT stock price history

NAT stock went public on September 30th, 1997 with a price of $1.511. Since then, NAT stock surged a 97.40%, with an average of 4.40% per year. If you had invested right after NAT's IPO a $1,000 in NAT stock in 1997, it would worth $974.00 today.

1: Adjusted price after possible price splits or reverse-splits.

NAT stock historical price chart

NAT stock reached 52-week highs on January at $5.28, and all-time highs 2009-05-05 with a price of 16.75.

NAT stock price target

Nobody can reliably foresee how stock prices may evolve in the future. 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 prediction for Nordic American Tankers stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Nordic American Tankers presented amazing results for 2018-Q4 . Nordic American Tankers boosted Earnings per Share (EPS) by 400.00%, beating experts of $-0.01. Nordic American Tankers posted $-0.05.
NAT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.03n/a
2017-Q2-n/a-0.16n/a
2017-Q32017-11-06-0.26-0.34n/a
2017-Q42018-02-12-0.17-0.2n/a
2018-Q12018-05-16-0.15-0.13n/a
2018-Q22018-08-14-0.14-0.16n/a
2018-Q32018-11-12-0.11-0.15n/a
2018-Q42019-02-19-0.01-0.05n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a bad correction of -2.73% to $289.02 M dollars. In contrary, its earnings margin (compared to revenues) boosted to -32.98%, that is $-95.31 million.

NAT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$244 M-$-105.42 M-43.3%-
2014$351 M44.07%$-12.81 M-3.6%-87.85%
2015$446 M26.97%$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 results

Nordic American Tankers reported $86.16 M in sales for 2018-Q4, a -41.08% decline compared to previous quarter. Reported quarter income marked $-10.47 M with a profit margin of -12.15%. Profit margin rocketed a 13.83% compared to previous quarter when profit margin was -25.97%. When comparing revenues to same quarter last year, Nordic American Tankers sales marked an extraordinary gain and climbed a 18.71%.
NAT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$55 M-$-3.43 M-6.2%-
2017-Q2$39 M-29.17%$-15.90 M-40.7%363.56%
2017-Q3$130 M233.16%$-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$146 M441.42%$-37.98 M-26.0%39.70%
2018-Q4$86 M-41.08%$-10.47 M-12.1%-72.44%

Nordic American Tankers ownership

When you are planning to buy a company, it's worth to review 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, 2.71% of all outstanding shares are owned by its staff.

In case of Nordic American Tankers stock, 38.34% 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.

The following table compares ownership indicators for other stocks related to Nordic American Tankers:

NAT
Market cap$425.0 M
Total shares142.6 M
Float shares140.1 M
  - Institutional holdings (%)38.3%
  - Insider holdings (%)2.7%
Shares in short selling0.0%

NAT summary

Thursday, February 27th, 2020
Open$2.70
Close$2.98
Day range$2.69 - $3.05
Previous close$2.90
Session gain2.76%
Average true range$0.21
50d mov avg$4.08
100d mov avg$3.88
200d mov avg$2.98
Daily pattern
Weekly pattern lt06c

Nordic American Tankers performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Nordic American Tankers, the benchmark is made against .
Stock3m6m12m
NATNordic American T...-17.22%68.36%32.44%

Nordic American Tankers competitors

Unfortunately, we could not find any public company that could be defined as Nordic American Tankers competitor. This doesn't mean Nordic American Tankers does not have any competitor in the market, it's just we could not detected it.