(NAT) Nordic American Tankers - Ratings and Ratios

Nordic American Tankers Limited (NYSE:NAT) is a Bermuda-based tanker company specializing in the acquisition and chartering of double-hull Suezmax crude oil tankers. The company, established in 1995, operates a fleet of 20 Suezmax vessels, each designed to transport approximately 1 million barrels of crude oil. These tankers are built with double-hull technology, which enhances safety and environmental protection by reducing the risk of oil spills. NAT focuses on providing efficient and safe transportation services in the global energy market, leveraging its long-standing operational expertise since its inception.

Looking ahead, NATs stock is expected to face a challenging environment over the next three months. From a technical perspective, the recent price of $2.46 is below the SMA 20 ($2.67) and SMA 50 ($2.65), signaling potential bearish momentum. The SMA 200 ($3.25) further indicates downward pressure. The ATR of $0.10 suggests low volatility, which may lead to a narrow trading range. Fundamentally, while the P/B ratio of 1.08 indicates assets may be undervalued, the forward P/E of 13.97 suggests investor caution about future earnings. The RoE of 12.32% reflects moderate profitability. Overall, the stock may experience sideways movement with a bearish bias, with support near $2.30 and resistance around $3.00. Investors should monitor both technical and fundamental indicators closely.