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Nordic American Tankers Limited (NAT) had a rough trading day for Thursday July 12 as shares tumbled 5.26%, or a loss of $-0.14 per share, to close at $2.52. After opening the day at $2.66, shares of Nordic American Tankers Limited traded as high as $2.67 and as low as $2.50. Volume was 1.24 million shares over 3,742 trades, against an average daily volume of 1.31 million shares and a total float of 141.97 million.
As a result of the decline, Nordic American Tankers Limited now has a market cap of $357.76 million. In the last year, shares of Nordic American Tankers Limited have traded between a range of $6.61 and $1.82, and its 50-day SMA is currently $2.34 and 200-day SMA is $2.91.
For a complete fundamental analysis of Nordic American Tankers Limited, check out Equities.com’s Stock Valuation Analysis report for NAT.
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Nordic American Tankers Ltd is an American shipping company. It operate as an independent Suezmax tanker owner and operator. It offers services through various routes worldwide.
Nordic American Tankers Limited is based out of Hamilton, and has some 21 employees. Its CEO is Herbjorn Hansson.
Nordic American Tankers Limited is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
To get more information on Nordic American Tankers Limited and to follow the company’s latest updates, you can visit the company’s profile page here: NAT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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