Tsakos Energy Navigation Limited (NYSE: TEN) is 7.84% higher on its value in year-to-date trading and has touched a low of $15.88 and a high of $31.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TEN stock was last observed hovering at around $19.06 in the last trading session, with the day’s loss setting it -0.36%.
Currently trading at $18.70, the stock is 4.44% and -0.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.26 million and changing -1.89% at the moment leaves the stock -23.43% off its SMA200. TEN registered -23.70% loss for a year compared to 6-month loss of -28.57%. The firm has a 50-day simple moving average (SMA 50) of $18.7966 and a 200-day simple moving average (SMA200) of $24.423.
The stock witnessed a 13.40% gain in the last 1 month and extending the period to 3 months gives it a -22.50%, and is -2.50% 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 3.95% over the week and 3.76% over the month.
Current P/E ratio is 3.41 and Fwd P/E is 5.47. Profit margin for the company is 19.34%. Distance from 52-week low is 17.76% and -40.60% from its 52-week high. The company has generated returns on investments over the last 12 months (4.59%).
The EPS is expected to shrink by -48.62% this year.
Tsakos Energy Navigation Limited (TEN) Top Institutional Holders
105.0 institutions hold shares in Tsakos Energy Navigation Limited (TEN), with institutional investors hold 30.49% of the company’s shares. The shares outstanding are 29.51M, and float is at 21.13M with Short Float at 2.41%. Institutions hold 22.36% of the Float.
Tsakos Energy Navigation Limited (TEN) Insider Activity
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