Nordic American Tankers Issues Earnings Results, Misses Expectations By 0.06 EPS
Slightly above 67% of Nordic American's investor base is looking to short. The current sentiment of investing in Nordic American Tankers suggests that many traders are alarmed. Nordic American's investing sentiment can be driven by a variety of factors including economic data, Nordic American's earnings reports, geopolitical events, and overall market trends.
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Nordic American Tankers announced its quarterly earnings results on Thursday. The shipping company reported 0.08 earnings per share for the quarter, missing analysts consensus estimates of 0.14 by , MarketWatch Earnings reports. Nordic American Tankers had a return on equity of 18.05 percent and a net margin of 37.65. The
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Nordic American Fundamental Analysis
We analyze Nordic American's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nordic American using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nordic American based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Short Ratio
Short Ratio Comparative Analysis
Nordic American is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Nordic American Tankers Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nordic American stock to make a market-neutral strategy. Peer analysis of Nordic American could also be used in its relative valuation, which is a method of valuing Nordic American by comparing valuation metrics with similar companies.
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Other Tools for Nordic Stock
When running Nordic American's 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 the 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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