Is DHT Holdings, Inc. (NYSE:DHT) a Good Investment?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of DHT Holdings, Inc. (NYSE:DHT) for the period of 9-Day stands at 31.49% while the stochastic %D for the same period stands at 43.09%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of DHT Holdings, Inc. (NYSE:DHT) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for DHT Holdings, Inc. (NYSE:DHT) while 20-100 Day MACD Oscillator indicates “Hold”.

Bollinger band is a volatility indicator of a certain security, currently DHT Holdings, Inc. (NYSE:DHT)’s 20-Day Bollinger Band indicates “Sell”.

About Company

DHT MARITIME INC., formerly Double Hull Tankers, Inc. operates a fleet of double-hull crude oil tankers on international routes. DHT’s modern fleet consists of three Very Large Crude Carriers, two Suezmax tankers and four Aframax tankers. DHT intends to pursue a strategy of providing shareholders with a stable and visible distribution and also position the Company to use its incremental cash flow to fund future growth opportunities.

Previous Day Activity Analysis

On the last trading day, DHT Holdings, Inc. (NYSE:DHT) opened the session at $3.96 and after going down -2.52% closed at $3.87. The stock lost -0.09 points in the last trade.

DHT Holdings, Inc. (NYSE:DHT)’s stock fluctuated in the range of $3.72 and $3.99 during the previous active session. DHT Holdings, Inc. (NYSE:DHT) traded with the volume of 1.19 Million with average volume of 559.41 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.99 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.13 and 41.95 respectively.

Currently the Insider Ownership of the shares of DHT Holdings, Inc. (NYSE:DHT) is at 0.2% and the shares outstanding are 144.13 Million.

Important Ratio Analysis

Some important ratios to consider here for DHT Holdings, Inc. (NYSE:DHT) are discussed below:

Dividend yield of DHT Holdings, Inc. (NYSE:DHT) stands at 2.07% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 12.73.

The Price to Sale P/S and Price to Book P/B shows the value of 1.7 and 0.53 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 7.73 and 5.42 correspondingly.

The Quick Ratio of DHT Holdings, Inc. (NYSE:DHT) stands at 2.1 while the Current Ratio depicts the value of 2.1.

Return on Assets ROA of DHT Holdings, Inc. (NYSE:DHT) is at 0.7% whereas, Return on Equity ROE and Return of Investment ROI of DHT Holdings, Inc. (NYSE:DHT) stand at 1.3% and 2.9% respectively.

The payout ratio of DHT Holdings, Inc. (NYSE:DHT) stands at 717.5%.

Stock Performance Analysis

The stock performance of DHT Holdings, Inc. (NYSE:DHT) on the basis of 5 day trade show the dip of -3.97% whereas, the monthly performance of the stock shows decrease of -4.44%.

The quarterly performance of the stock remained in green zone with the value of 1.04% while six month performance of the shares of DHT Holdings, Inc. (NYSE:DHT) remained bearish with the count of -9.37%.

The yearly and YTD performance of DHT Holdings, Inc. (NYSE:DHT) remained mix at 4.88% and -6.52% respectively.