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The closing price of Tsakos Energy Navigation Limited (NYSE: TEN) was $18.29 for the day, up 0.61% from the previous closing price of $18.18. In other words, the price has increased by $0.61 from its previous closing price. On the day, 0.73 million shares were traded. TEN stock price reached its highest trading level at $18.81 during the session, while it also had its lowest trading level at $17.983.
Ratios:
Our analysis of TEN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.
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 this company, Alliance Global Partners on Dec-06-24, initiated with a Buy rating and assigned the stock a target price of $40.
On September 12, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $31 to $27.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TEN now has a Market Capitalization of 539657472 and an Enterprise Value of 2008554368. As of this moment, Tsakos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.34, and their Forward P/E ratio for the next fiscal year is 3.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at 2.442 whereas that against EBITDA is 5.113.
Stock Price History:
Over the past 52 weeks, TEN has reached a high of $31.48, while it has fallen to a 52-week low of $17.63. The 50-Day Moving Average of the stock is -18.23%, while the 200-Day Moving Average is calculated to be -27.85%.
Shares Statistics:
TEN traded an average of 341.22K shares per day over the past three months and 482220 shares per day over the past ten days. A total of 29.51M shares are outstanding, with a floating share count of 21.13M. Insiders hold about 28.38% of the company’s shares, while institutions hold 20.93% stake in the company. Shares short for TEN as of 1730332800 were 412517 with a Short Ratio of 1.39, compared to 1727654400 on 192152. Therefore, it implies a Short% of Shares Outstanding of 412517 and a Short% of Float of 1.9199998999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.74.
