DHT Holdings Reaches New 12-Month High at $6.98 (DHT)
DHT Holdings (NYSE:DHT)’s share price reached a new 52-week high during trading hours on Monday, American Banking News.com reports. The company traded as high as $6.98 and last traded at $6.97, with a volume of 210,261 shares traded. The stock had previously closed at $6.69.
Several analysts have recently commented on the stock. Analysts at UBS AG upgraded shares of DHT Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, December 3rd. Separately, analysts at Global Hunter Securities upgraded shares of DHT Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, December 3rd. Finally, analysts at Jefferies Group downgraded shares of DHT Holdings from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, October 22nd. They now have a $5.50 price target on the stock, down previously from $6.00.
DHT Holdings has a 1-year low of $3.99 and a 1-year high of $6.98. The stock’s 50-day moving average is $6.03 and its 200-day moving average is $4.91. The company’s market cap is $202.4 million.
DHT Holdings, Inc, formerly DHT Maritime Inc, operates a fleet of double-hull tankers. As of March 25, 2010, the Company’s fleet consists of three very large crude carriers (NYSE:DHT), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), two Suezmax tankers, which are tankers ranging in size from 130,000 to 170,000 dwt, and four Aframax tankers, which are tankers ranging in size from 80,000 to 120,000 dwt.
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