Nordic Stock Today

NAT
 Stock
  

USD 3.04  0.21  6.46%   

Market Performance
10 of 100
Odds Of Distress
Less than 39
Nordic American is selling for under 3.04 as of the 25th of September 2022; that is -6.46 percent down since the beginning of the trading day. The stock's last reported lowest price was 2.99. Nordic American has about a 39 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Nordic American Tanker are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2022 and ending today, the 25th of September 2022. Click here to learn more.
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. The company was incorporated in 1995 and is based in Hamilton, Bermuda. Nordic American operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. The company has 180.86 M outstanding shares of which 13.76 M shares are now shorted by investors with about 3.01 days to cover. More on Nordic American Tanker

Moving together with Nordic American

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Moving against Nordic American

-0.58HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
Follow Valuation Odds of Bankruptcy
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Nordic American Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nordic American's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nordic American or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Nordic American appears to be risky and price may revert if volatility continues
The company reported the last year's revenue of 187.78 M. Reported Net Loss for the year was (173.28 M) with loss before taxes, overhead, and interest of (4.86 M).
Nordic American Tanker has about 37.13 M in cash with (38.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
Latest headline from www.tradewindsnews.com: Significant upswing Nordic American fixes suezmax for a year - TradeWinds
ChairmanAndreas Ugland
Average Analyst Recommendation
Analysts covering Nordic American report their recommendations after researching Nordic American's financial statements, talking to executives and customers, or listening in on Nordic American's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nordic American Tanker. The Nordic consensus assessment is calculated by taking the average forecast from all of the analysts covering Nordic American.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nordic American's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Nordic American Tanker (NAT) is traded on New York Stock Exchange in USA and employs 19 people. The company currently falls under 'Small-Cap' category with total capitalization of 634.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nordic American's market, we take the total number of its shares issued and multiply it by Nordic American's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Nordic American Tanker runs under Industrials sector within Marine Shipping industry. The entity has 180.86 M outstanding shares of which 13.76 M shares are now shorted by investors with about 3.01 days to cover. Nordic American Tanker has about 37.13 M in cash with (38.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
Check Nordic American Probability Of Bankruptcy
Ownership
Nordic American Tanker holds a total of 180.86 Million outstanding shares. Roughly 68.0 % of Nordic American outstanding shares are held by regular investors with 2.85 pct. owned by insiders and only 28.78 % by institutional investors. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Nordic Ownership Details

Nordic Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Nordic American jumping above the current price in 90 days from now is about 13.67%. The Nordic American Tanker probability density function shows the probability of Nordic American stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Nordic American has a beta of 0.6578. This indicates as returns on the market go up, Nordic American average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nordic American Tanker will be expected to be much smaller as well. Additionally, the company has an alpha of 0.7265, implying that it can generate a 0.73 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 3.04HorizonTargetOdds Above 3.04
86.27%90 days
 3.04 
13.67%
Based on a normal probability distribution, the odds of Nordic American to move above the current price in 90 days from now is about 13.67 (This Nordic American Tanker probability density function shows the probability of Nordic Stock to fall within a particular range of prices over 90 days) .

Nordic Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Nordic American that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nordic American's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nordic American's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares10.9 M23.2 M
Morgan StanleyCommon Shares6.3 M13.4 M
Cooper Creek Partners Management LlcCall Options1.5 M3.2 M
Susquehanna International Group LlpPut Options1.1 M2.3 M
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Nordic American Tanker Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nordic American market risk premium is the additional return an investor will receive from holding Nordic American long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nordic American. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nordic American's alpha and beta are two of the key measurements used to evaluate Nordic American's performance over the market, the standard measures of volatility play an important role as well.

Nordic Stock Against Markets

Picking the right benchmark for Nordic American stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nordic American stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nordic American is critical whether you are bullish or bearish towards Nordic American Tanker at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nordic American without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Nordic American Corporate Directors

Nordic American corporate directors refer to members of a Nordic American board of directors. The board of directors generally takes responsibility for the Nordic American's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nordic American's board members must vote for the resolution. The Nordic American board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
David Gibbons - Independent DirectorProfile
David Workman - Non-Executive DirectorProfile
Richard Vietor - Non-Executive DirectorProfile
Jan Langangen - Executive VP of Bus. Devel. and Legal and DirectorProfile

Invested in Nordic American Tanker?

The danger of trading Nordic American Tanker is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nordic American is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nordic American. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nordic American Tanker is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. Note that the Nordic American Tanker information on this page should be used as a complementary analysis to other Nordic American's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Nordic American Tanker price analysis, check to measure Nordic American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.
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Is Nordic American's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordic American. If investors know Nordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nordic American Tanker is measured differently than its book value, which is the value of Nordic that is recorded on the company's balance sheet. Investors also form their own opinion of Nordic American's value that differs from its market value or its book value, called intrinsic value, which is Nordic American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordic American's market value can be influenced by many factors that don't directly affect Nordic American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordic American's value and its price as these two are different measures arrived at by different means. Investors typically determine Nordic American value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordic American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.