Nordic American Tanker (NYSE:NAT) is scheduled to release its earnings data before the market opens on Friday, August 16th. Analysts expect Nordic American Tanker to post earnings of ($0.12) per share for the quarter.
Nordic American Tanker (NYSE:NAT) last posted its quarterly earnings results on Tuesday, May 14th. The shipping company reported $0.04 EPS for the quarter. The business had revenue of $53.63 million during the quarter, compared to analysts’ expectations of $49.84 million. Nordic American Tanker had a negative return on equity of 7.43% and a negative net margin of 47.28%. On average, analysts expect Nordic American Tanker to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
NAT opened at $1.83 on Thursday. The company has a quick ratio of 2.22, a current ratio of 2.79 and a debt-to-equity ratio of 0.66. The company has a 50 day simple moving average of $2.12. The firm has a market cap of $262.64 million, a PE ratio of -3.00 and a beta of 0.62. Nordic American Tanker has a 12 month low of $1.80 and a 12 month high of $3.47.
About Nordic American Tanker
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 33 Suezmax crude oil tankers. The company was founded in 1995 and is based in Hamilton, Bermuda.
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