Is Nordic American Tankers 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 Tankers 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 Tankers 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 Tankers 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $3.69, you would have made a loss of $-0.690 per share or -18.70%
Yes, the average daily trading liquidity for Nordic American Tankers is $2.29 million. You should therefore be able to get in and out of your positions relatively fast.
Nordic American Tankers 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 0.39, the company's ability to pay off the debt is normal. Nordic American Tankers has a very good net profit margin of 20.52% and should have very high tolerances against inflation.
We have calculated the inflation risk for Nordic American Tankers to be low [0.3 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.