NEW YORK (
) hit a new 52-week low Friday as it is currently trading at $14.42, below its previous 52-week low of $14.50 with 64,756 shares traded as of 10:26 a.m. ET. Average volume has been 418,100 shares over the past 30 days.
Nordic American Tankers has a market cap of $705.1 million and is part of the
industry. Shares are down 42.6% year to date as of the close of trading on Thursday.
Nordic American Tankers Limited, an international tanker company, owns and operates double hull crude oil tankers. The company operates its vessels in the spot market. Its fleet consists of 19 double-hull Suezmax tankers, of which two are newbuildings.
- Practice your NAT trading strategies and win cash in our stock game.
TheStreet Ratings rates Nordic American Tankers as a
. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full
or get investment ideas from our