Hafnia Ltd (NYSE: HAFN) is -24.42% lower on its value in year-to-date trading and has touched a low of $3.61 and a high of $8.99 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 HAFN stock was last observed hovering at around $4.00 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $4.21, the stock is -0.14% and -7.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.05 million and changing 5.25% at the moment leaves the stock -31.41% off its SMA200. HAFN registered -42.92% loss for a year compared to 6-month loss of -42.33%. The firm has a 50-day simple moving average (SMA 50) of $4.5758 and a 200-day simple moving average (SMA200) of $6.13835.
The stock witnessed a -0.94% gain in the last 1 month and extending the period to 3 months gives it a -28.89%, and is 15.34% up 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 6.73% over the week and 3.52% over the month.
Current P/E ratio is 2.80 and Fwd P/E is 5.67. Profit margin for the company is 26.98%. Distance from 52-week low is 16.64% and -53.17% from its 52-week high. The company has generated returns on investments over the last 12 months (25.39%).
with sales reaching $250.8M over the same period.The EPS is expected to shrink by -53.84% this year, but quarterly earnings will post -30.04% year-over-year. Quarterly sales are estimated to shrink -35.46% in year-over-year returns.
Hafnia Ltd (HAFN) Top Institutional Holders
205.0 institutions hold shares in Hafnia Ltd (HAFN), with institutional investors hold 54.48% of the company’s shares. The shares outstanding are 502.92M, and float is at 264.65M with Short Float at 2.15%. Institutions hold 30.57% of the Float.
The top institutional shareholder in the company is ACADIAN ASSET MANAGEMENT LLC with over 12.78 million shares valued at $107.65 million. The investor’s holdings represent 2.5105% of the HAFN Shares outstanding. As of 2024-06-30, the second largest holder is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with 5.85 million shares valued at $49.1 million to account for 1.1485 of the shares outstanding. The other top investors are DEKABANK DEUTSCHE GIROZENTRALE which holds 2.77 million shares representing 0.5433% and valued at over $23.65 million, while MAN GROUP PLC holds 0.5133 of the shares totaling 2.61 million with a market value of $22.02 million.
Hafnia Ltd (HAFN) Insider Activity
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