Is Nordic American Tanker stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Nordic American Tanker pays dividends. Last time was Tuesday 26th of November 2024 where the investors holding the stock on Thursday 26th of September 2024 were paid $0.12 per share. Over the last 107 times between 1997 and 2024, Nordic American Tanker has paid $49.87199 with an average of $0.47 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nordic American Tanker 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $1.800, you would have made a profit of $1.800 per share or 100.00%
Yes, the average daily trading liquidity for Nordic American Tanker is $2.16 million. You should therefore be able to get in and out of your positions relatively fast.
Nordic American Tanker has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.43, the company's ability to pay off the debt is normal. Nordic American Tanker has a very good net profit margin of 24.73% and should have very high tolerances against inflation.
We have calculated the inflation risk for Nordic American Tanker to be low [0.3 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.