Nordic American Tankers Limited (NAT) Earning Somewhat Positive Media Coverage, Analysis Shows

Headlines about Nordic American Tankers Limited (NYSE:NAT) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nordic American Tankers Limited earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news articles about the shipping company an impact score of 46.7243018414402 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have effected Accern’s scoring:

NAT has been the topic of a number of recent analyst reports. TheStreet lowered Nordic American Tankers Limited from a “c-” rating to a “d+” rating in a research report on Thursday, August 10th. Morgan Stanley cut their target price on Nordic American Tankers Limited from $6.50 to $5.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Zacks Investment Research raised Nordic American Tankers Limited from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Jefferies Group LLC reaffirmed a “sell” rating and set a $5.00 target price on shares of Nordic American Tankers Limited in a research report on Monday, July 17th. Finally, Maxim Group set a $5.00 target price on Nordic American Tankers Limited and gave the stock a “sell” rating in a research report on Saturday, July 22nd. Five analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $5.67.

Shares of Nordic American Tankers Limited (NYSE:NAT) traded down $0.05 during mid-day trading on Friday, hitting $4.23. The stock had a trading volume of 456,100 shares, compared to its average volume of 1,173,835. Nordic American Tankers Limited has a twelve month low of $4.09 and a twelve month high of $9.95. The company has a quick ratio of 3.87, a current ratio of 4.69 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $431.24, a P/E ratio of 105.75 and a beta of 0.90.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 5th. Stockholders of record on Monday, November 13th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.84%.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://www.chaffeybreeze.com/2017/11/12/nordic-american-tankers-limited-nat-earning-somewhat-positive-media-coverage-analysis-shows.html.

Nordic American Tankers Limited Company Profile

Nordic American Tankers Limited is an international tanker company. The Company owns approximately 26 vessels, including approximately two new buildings under construction, of approximately 156,000 deadweight tonnage (dwt) each. The Company’s Suezmaxes tankers can carry over one million barrels of oil.

Insider Buying and Selling by Quarter for Nordic American Tankers Limited (NYSE:NAT)

Receive News & Ratings for Nordic American Tankers Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordic American Tankers Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply