DHT Holdings (DHT) has been under a strong bear grip, hence the stock is down -9.61% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.06% in the past 1 week. The stock has risen by 2.69% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.5% in the past 4 weeks.
DHT Holdings (NYSE:DHT): The stock opened at $5.06 on Friday but the bulls could not build on the opening and the stock topped out at $5.10 for the day. The stock traded down to $4.96 during the day, due to lack of any buying support eventually closed down at $4.96 with a loss of -1.98% for the day. The stock had closed at $5.06 on the previous day. The total traded volume was 1,548,369 shares.
The stock has recorded a 20-day Moving Average of 0.13% and the 50-Day Moving Average is 5.11%. DHT Holdings, Inc. has dropped 12.8% during the last 3-month period . Year-to-Date the stock performance stands at -33.26%.
DHT Holdings, Inc. (DHT) is engaged in the ownership and operation of a fleet of crude oil carriers. The Companys fleet consists of eighteen crude oil tankers in operation, of which all are wholly owned by the Company. The fleet in operation consists of 14 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt); two Suezmax tankers (Suezmaxes), which are tankers ranging in size from 130,000 to 170,000 dwt, and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt. Nine of its eighteen vessels in operation are on charters for periods of up to six and half years, of which eight vessels are on fixed rate charter and one vessel is on a charter with earnings related to an index.