+Compare
NAT
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
916.62M

NAT Nordic American Tanker Forecast, Technical & Fundamental Analysis

an operator of double hull crude oil tankers and Suezmax tankers

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for NAT with price predictions
07:00 PM EST Dec 03, 2023

NAT in -9.35% downward trend, falling for three consecutive days on November 30, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NAT declined for three days, in of 273 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 14, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NAT as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NAT turned negative on November 08, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

NAT moved below its 50-day moving average on November 28, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for NAT crossed bearishly below the 50-day moving average on November 30, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The Aroon Indicator for NAT entered a downward trend on December 04, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NAT's RSI Oscillator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NAT advanced for three days, in of 264 cases, the price rose further within the following month. The odds of a continued upward trend are .

NAT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.619) is normal, around the industry mean (0.999). P/E Ratio (7.380) is within average values for comparable stocks, (8.664). NAT's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.374). Dividend Yield (0.112) settles around the average of (0.154) among similar stocks. P/S Ratio (2.047) is also within normal values, averaging (1.474).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NAT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nordic American Tanker (NYSE:NAT).

Industry description

The marine shipping industry provides passenger transportation or cargo shipping services via waterways. This industry includes freight towage, ferry services and warehousing on deep-sea and inland waterways. The aviation sector may have reduced the popularity of sea travel for several passengers, but it is still in demand for short trips and pleasure cruises. Teekay Offshore Partners L.P. Cum Red Perp Pfd., Kirby Corporation and Seaspan Corporation are some of the well-known names in the business.

Market Cap

The average market capitalization across the Marine Shipping Industry is 4.41B. The market cap for tickers in the group ranges from 1.87K to 40.18B. HPGLY holds the highest valuation in this group at 40.18B. The lowest valued company is PRGNF at 1.87K.

High and low price notable news

The average weekly price growth across all stocks in the Marine Shipping Industry was 2%. For the same Industry, the average monthly price growth was 7%, and the average quarterly price growth was 13%. CTRM experienced the highest price growth at 44%, while GTMAY experienced the biggest fall at -31%.

Volume

The average weekly volume growth across all stocks in the Marine Shipping Industry was -40%. For the same stocks of the Industry, the average monthly volume growth was -49% and the average quarterly volume growth was -45%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 28
P/E Growth Rating: 55
Price Growth Rating: 53
SMR Rating: 55
Profit Risk Rating: 65
Seasonality Score: 17 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published Earnings

NAT is expected to report earnings to rise 246.00% to 13 cents per share on February 20

Nordic American Tanker NAT Stock Earnings Reports
Q4'23
Est.
$0.14
Q3'23
Missed
by $0.01
Q2'23
Est.
$0.13
Q1'23
Beat
by $0.02
Q4'22
Missed
by $0.02
The last earnings report on November 29 showed earnings per share of 3 cents, missing the estimate of 5 cents. With 2.71M shares outstanding, the current market capitalization sits at 916.62M.
A.I.Advisor
published Dividends

NAT paid dividends on October 05, 2023

Nordic American Tanker NAT Stock Dividends
А dividend of $0.13 per share was paid with a record date of October 05, 2023, and an ex-dividend date of September 13, 2023. Read more...
A.I. Advisor
published General Information

General Information

an operator of double hull crude oil tankers and Suezmax tankers

Industry MarineShipping

Profile
Fundamentals
Details
Industry
Marine Shipping
Address
26 Victoria Street
Phone
+441 2927202
Employees
18
Web
https://www.nat.bm
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
FFNIX12.11N/A
N/A
Fidelity Advisor Asset Manager® 40% I
RIGGX34.62N/A
N/A
American Funds Intl Gr and Inc R6
VNVCX19.27N/A
N/A
Natixis Vaughan Nelson Mid Cap C
GHACX32.39N/A
N/A
VanEck Global Resources Fund C
AUERX14.96N/A
N/A
Auer Growth

NAT and

Correlation & Price change

A.I.dvisor indicates that over the last year, NAT has been loosely correlated with ASC. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if NAT jumps, then ASC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NAT
1D Price
Change %
NAT100%
-1.72%
ASC - NAT
63%
Loosely correlated
-2.10%
NMM - NAT
42%
Loosely correlated
-1.23%
SFL - NAT
42%
Loosely correlated
+0.04%
GNK - NAT
41%
Loosely correlated
-3.04%
GOGL - NAT
38%
Loosely correlated
-2.89%
More

Groups containing NAT

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NAT
1D Price
Change %
NAT100%
-1.72%
seaborne
(undefined stocks)
70%
Closely correlated
-0.62%
marine
(undefined stocks)
54%
Loosely correlated
-0.51%
crude oil
(undefined stocks)
30%
Poorly correlated
-1.03%
north america
(undefined stocks)
27%
Poorly correlated
-0.07%
Transportation
(undefined stocks)
14%
Poorly correlated
+0.85%
More