In yesterday’s Wall Street session, DHT Holdings Inc (NYSE:DHT) shares traded at $11.51, down -2.46% from the previous session.
DHT stock price is now 14.35% away from the 50-day moving average and 5.08% away from the 200-day moving average. The market capitalization of the company currently stands at $1.86B.
With the price target maintained at $9.70, Kepler recently Downgraded its rating from Buy to Hold for DHT Holdings Inc (NYSE: DHT). On October 15, 2024, BTIG Research recently initiated its ‘Buy’ rating on the stock quoting a target price of $16, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Kramer Jeremy, Director bought 27,027 shares of the company’s stock on Aug 19 ’24. The stock was bought for $307,027 at an average price of $11.36. A total of 21.22% of the company’s stock is owned by insiders.
During the past 12 months, DHT Holdings Inc has had a low of $8.67 and a high of $12.80. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 2.41, and a quick ratio of 1.97. According to the stock market information, the enterprise value for the company is $2244017920, which is based on a 11.48 price-to-earnings ratio, a 0.42 price-to-earnings-growth ratio, and a beta of -0.47. The fifty day moving average price for DHT is $10.0428 and a two-hundred day moving average price translates $10.9522 for the stock.
The latest earnings results from DHT Holdings Inc (NYSE: DHT) was released for 2024-09-30. The net profit margin was 27.93% and return on equity was 15.76% for DHT. The company reported revenue of $142.11 million for the quarter, compared to $131.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.01 percent.
