How to buy Nordic American Tankers stock | $3.48

Nordic American Tankers Limited is a marine shipping business based in the US. Nordic American Tankers shares (NAT) are listed on the NYSE and all prices are listed in US Dollars. Nordic American Tankers employs 20 staff and has a trailing 12-month revenue of around 0.00.

Nordic American Tankers stock price (NYSE: NAT)

Use our graph to track the performance of NAT stocks over time.

Nordic American Tankers shares at a glance

• Key figures

Information last updated 2021-07-30.

Latest market close	$3.48
52-week range	$2.55 - $4.45
50-day moving average	$3.10
200-day moving average	$3.25
Wall St. target price	$5.13
PE ratio	N/A
Dividend yield	$0.28 (10.61%)
Earnings per share (TTM)	$-0.09

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Is it a good time to buy Nordic American Tankers stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Nordic American Tankers Limited by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Nordic American Tankers price performance over time

Historical closes compared with the close of $3.48 from 2021-05-28

1 week (2021-07-20)	N/A
1 month (2021-07-01)	9.43%
3 months (2021-04-30)	5.14%
6 months (2021-01-27)	N/A

1 year (2020-07-27)	N/A
2 years (2019-07-27)	N/A
3 years (2018-07-27)	N/A
5 years (2016-07-27)	N/A

Is Nordic American Tankers under- or over-valued?

Valuing Nordic American Tankers stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nordic American Tankers's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Nordic American Tankers's EBITDA

Nordic American Tankers's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $83 million.

The EBITDA is a measure of a Nordic American Tankers's overall financial performance and is widely used to measure a its profitability.

Nordic American Tankers financials

Revenue TTM	$287.3 million
Operating margin TTM	5.3%
Gross profit TTM	$166.6 million
Return on assets TTM	0.96%
Return on equity TTM	-2.46%
Profit margin	-5.06%
Book value	$3.77
Market capitalisation	$407.3 million

TTM: trailing 12 months

Shorting Nordic American Tankers shares

There are currently 6.5 million Nordic American Tankers shares held short by investors – that's known as Nordic American Tankers's "short interest". This figure is 27.5% up from 5.1 million last month.

There are a few different ways that this level of interest in shorting Nordic American Tankers shares can be evaluated.

Nordic American Tankers's "short interest ratio" (SIR)

Nordic American Tankers's "short interest ratio" (SIR) is the quantity of Nordic American Tankers shares currently shorted divided by the average quantity of Nordic American Tankers shares traded daily (recently around 2.0 million). Nordic American Tankers's SIR currently stands at 3.2. In other words for every 100,000 Nordic American Tankers shares traded daily on the market, roughly 3200 shares are currently held short.

However Nordic American Tankers's short interest can also be evaluated against the total number of Nordic American Tankers shares, or, against the total number of tradable Nordic American Tankers shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Nordic American Tankers's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Nordic American Tankers shares in existence, roughly 40 shares are currently held short) or 0.0441% of the tradable shares (for every 100,000 tradable Nordic American Tankers shares, roughly 44 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Nordic American Tankers.

Find out more about how you can short Nordic American Tankers stock.

Nordic American Tankers share dividends

We're not expecting Nordic American Tankers to pay a dividend over the next 12 months.

Have Nordic American Tankers's shares ever split?

Nordic American Tankers's shares were split on a 1008:1000 basis on 9 August 2017. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1008 shares. This wouldn't directly have changed the overall worth of your Nordic American Tankers shares – just the quantity. However, indirectly, the new 0.8% lower share price could have impacted the market appetite for Nordic American Tankers shares which in turn could have impacted Nordic American Tankers's share price.

Nordic American Tankers share price volatility

Over the last 12 months, Nordic American Tankers's shares have ranged in value from as little as $2.55 up to $4.4514. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nordic American Tankers's is 0.6083. This would suggest that Nordic American Tankers's shares are less volatile than average (for this exchange).

Nordic American Tankers overview

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 25 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. Nordic American Tankers Limited was incorporated in 1995 and is based in Hamilton, Bermuda. .

Frequently asked questions

What percentage of Nordic American Tankers is owned by insiders or institutions?
Currently 3.118% of Nordic American Tankers shares are held by insiders and 31.051% by institutions. How many people work for Nordic American Tankers?
Latest data suggests 20 work at Nordic American Tankers. When does the fiscal year end for Nordic American Tankers?
Nordic American Tankers's fiscal year ends in December. Where is Nordic American Tankers based?
Nordic American Tankers's address is: LOM Building, Hamilton, Bermuda, HM 11 What is Nordic American Tankers's ISIN number?
Nordic American Tankers's international securities identification number is: BMG657731060 What is Nordic American Tankers's CUSIP number?
Nordic American Tankers's Committee on Uniform Securities Identification Procedures number is: G65773106