After A Decline Of -6.58% From The High, Can DHT Holdings Inc (NYSE: DHT) Recover Quickly?

DHT Holdings Inc (NYSE:DHT)’s traded shares stood at 1.29 million during the last session, with the company’s beta value hitting -0.35. At the close of trading, the stock’s price was $12.01, to imply a decrease of -1.48% or -$0.18 in intraday trading. The DHT share’s 52-week high remains $12.80, putting it -6.58% down since that peak but still an impressive 36.72% since price per share fell to its 52-week low of $7.60. The company has a valuation of $1.94B, with an average of 1.59 million shares over the past 3 months.

DHT Holdings Inc (NYSE:DHT) trade information

After registering a -1.48% downside in the last session, DHT Holdings Inc (DHT) has traded red over the past five days. The stock hit a weekly high of 12.64, dropping -1.48% in its intraday price action. The 5-day price performance for the stock is -5.51%, and 4.43% over 30 days. With these gigs, the year-to-date price performance is 22.43%.

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DHT Holdings Inc (DHT) estimates and forecasts

Looking at statistics comparing DHT Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. DHT Holdings Inc (DHT) shares are 17.75% up over the last 6 months, with its year-to-date growth rate higher than industry average at 50.51% against 7.00%. The rating firms project that company’s revenue will grow 24.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is 102.69M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 108.66M.

DHT Dividends

DHT Holdings Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. DHT Holdings Inc has a forward dividend ratio of 1.05, with the share yield ticking at 8.74% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.