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As of close of business last night, DHT Holdings Inc’s stock clocked out at $10.75, down -3.41% from its previous closing price of $11.13. In other words, the price has decreased by -$3.41 from its previous closing price. On the day, 4.5 million shares were traded. DHT stock price reached its highest trading level at $10.89 during the session, while it also had its lowest trading level at $10.57.
Ratios:
To gain a deeper understanding of DHT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.61. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on March 21, 2024, Upgraded its rating to Buy and sets its target price to $14 from $11 previously.
On October 19, 2023, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $11.
Jefferies Downgraded its Buy to Hold on May 04, 2023, whereas the target price for the stock was revised from $12 to $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DHT now has a Market Capitalization of 1735737984 and an Enterprise Value of 2124921728. As of this moment, DHT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.24, and their Forward P/E ratio for the next fiscal year is 4.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.04 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 3.695 whereas that against EBITDA is 7.014.
Stock Price History:
Over the past 52 weeks, DHT has reached a high of $12.80, while it has fallen to a 52-week low of $8.60. The 50-Day Moving Average of the stock is -5.78%, while the 200-Day Moving Average is calculated to be -3.09%.
Shares Statistics:
It appears that DHT traded 1.92M shares on average per day over the past three months and 2460780 shares per day over the past ten days. A total of 161.00M shares are outstanding, with a floating share count of 139.02M. Insiders hold about 13.83% of the company’s shares, while institutions hold 60.61% stake in the company. Shares short for DHT as of 1722384000 were 6471993 with a Short Ratio of 3.38, compared to 1719532800 on 4646883. Therefore, it implies a Short% of Shares Outstanding of 6471993 and a Short% of Float of 5.5999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 8.54.
