DHT Holdings Inc (NYSE: DHT) is -9.38% lower on its value in year-to-date trading and has touched a low of $8.67 and a high of $12.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DHT stock was last observed hovering at around $8.99 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $8.89, the stock is -6.06% and -12.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing -1.11% at the moment leaves the stock -19.79% off its SMA200. DHT registered -14.68% loss for a year compared to 6-month loss of -23.89%. The firm has a 50-day simple moving average (SMA 50) of $10.2112 and a 200-day simple moving average (SMA200) of $11.08365.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -16.37% gain in the last 1 month and extending the period to 3 months gives it a -17.61%, and is -0.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.15% over the week and 3.23% over the month.
DHT Holdings Inc (DHT) has around 1212 employees, a market worth around $1.44B and $579.36M in sales. Current P/E ratio is 8.87 and Fwd P/E is 5.75. Profit margin for the company is 27.93%. Distance from 52-week low is 2.54% and -30.55% from its 52-week high. The company has generated returns on investments over the last 12 months (11.64%).
The EPS is expected to grow by 1.12% this year
The shares outstanding are 161.46M, and float is at 139.12M with Short Float at 4.07%.
The top institutional shareholder in the company is FMR LLC with over 22.0 million shares valued at $254.51 million. The investor’s holdings represent 13.6364 of the DHT Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 12.9 million shares valued at $149.28 million to account for 7.9981 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 7.12 million shares representing 4.4168 and valued at over $82.43 million, while DME CAPITAL MANAGEMENT, LP holds 2.4948 of the shares totaling 4.02 million with a market value of $46.56 million.
