Is Himalaya Shipping Ltd. stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Himalaya Shipping Ltd. pays dividends. Last time was Monday 30th of September 2024 where the investors holding the stock on Monday 16th of September 2024 were paid $0.07003468 per share. Over the last 8 times between 2024 and 2024, Himalaya Shipping Ltd. has paid $0.33004932 with an average of $0.04 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Himalaya Shipping Ltd. 10 years ago, but if you had invested on Friday 31st of March 2023 when the price was $5.80, you would have made a profit of $1.540 per share or 26.55%
No, the average daily trading liquidity for Himalaya Shipping Ltd. is $108 212 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Himalaya Shipping Ltd. has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.03, the company's ability to pay off the debt is limited. Himalaya Shipping Ltd. has a good net profit margin of 6.91% and should have high tolerances against inflation.
We have calculated the inflation risk for Himalaya Shipping Ltd. to be medium [0.7 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.