Hafnia Ltd (NYSE: HAFN) is -17.41% 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 $4.56 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $4.60, the stock is 9.62% and 5.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing 0.88% at the moment leaves the stock -22.43% off its SMA200. HAFN registered -39.07% loss for a year compared to 6-month loss of -26.52%. The firm has a 50-day simple moving average (SMA 50) of $4.3562 and a 200-day simple moving average (SMA200) of $5.93015.
The stock witnessed a 8.75% gain in the last 1 month and extending the period to 3 months gives it a -9.45%, and is 6.73% 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 2.53% over the week and 3.55% over the month.
Current P/E ratio is 3.06 and Fwd P/E is 6.26. Profit margin for the company is 26.98%. Distance from 52-week low is 27.45% and -48.83% 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 -57.72% 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
203.0 institutions hold shares in Hafnia Ltd (HAFN), with institutional investors hold 54.20% of the company’s shares. The shares outstanding are 502.92M, and float is at 264.65M with Short Float at 1.39%. Institutions hold 30.42% 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 VANGUARD GROUP INC with 9.77 million shares valued at $81.95 million to account for 1.9185 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 5.85 million shares representing 1.1485% and valued at over $49.1 million, while DEKABANK DEUTSCHE GIROZENTRALE holds 0.5433 of the shares totaling 2.77 million with a market value of $23.65 million.
Hafnia Ltd (HAFN) Insider Activity
#####
