How to Buy Nordic American Tankers Stock
Nordic American Tankers Ltd
Nordic American Tankers is a shipping company located in Bermuda, which is part of the Industrials sector, and is traded under the ticker NAT on the NYSE exchange.
Nordic American Tankers stock last closed at $2.45, down 2.39% from the previous day, and has decreased 34.84% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.13 percentage points. Nordic American Tankers stock is currently +15.02% from its 52-week low of $2.13, and -44.32% from its 52-week high of $4.40.
At the moment, there are 208.8M NAT shares outstanding. The market capitalization of NAT is $511.55M. In the past 24 hours, 1.53M NAT shares were traded.
How to Buy Nordic American Tankers Stock
Wondering how to invest in Nordic American Tankers stock? Here's how.
- Figure out where to buy Nordic American Tankers stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Nordic American Tankers stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- Analyze Nordic American Tankers stock: The Nordic American Tankers ticker symbol is NAT. Is Nordic American Tankers stock a good investment? Should you buy shares of NAT? How do NAT's underlying business fundamentals look? Do top analysts think Nordic American Tankers is a good buy? Why has NAT's stock price moved recently? (Hint: Our stock market research website can help you decide if NAT is a good stock to buy).
- Execute your NAT trade: Decide if you will purchase NAT shares at the current market price or use a limit order to buy NAT stock at a particular price.
- Track your NAT position: Create a watchlist to get the latest news on your position in Nordic American Tankers stock.
Step 1: Figure out where to buy Nordic American Tankers stock
You need an online brokerage account in order to access the NYSE market and buy NAT stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal information so you are able to buy NAT stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on the best app for stock investing, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing money into your new brokerage account.
Step 4: Analyze Nordic American Tankers stock
Once you have identified the best place to buy Nordic American Tankers stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk as well as the upside.
Nordic American Tankers quick stats
NAT Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on NAT's stock page.
Is NAT stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge NAT's intrinsic value.
Using relative valuations measures:
- NAT could be undervalued based on its P/E ratio of 5.21x, relative to Marine Shipping industry P/E ratio of 8.5x
- NAT could be overvalued based on its P/B ratio of 0.95x, relative to Marine Shipping industry P/B ratio of 0.69x
You can do more valuation research on NAT's stock here.
How do NAT Financials look?
Passed Financial Due Diligence Checks:
- NAT profit margin has gone up from 4.5% to 25.2% in the past year.
- Total NAT debt is lower than 5 years ago, relative to shareholder equity.
- NAT's operating cash flow of $139.45M allows it to safely service it's debt of $301.60M.
- There are more short-term assets than short-term liabilities on the NAT balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the NAT balance sheet.
- NAT has a relatively high debt to equity ratio of 0.63.
- NAT earnings of $129.33M is not sufficient to cover its interest payments.
Do Wall Street analysts think it's a good time to buy NAT stock
Out of 1 Wall Street analysts who monitor NAT, the consensus analyst rating on NAT is a Hold
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Nordic American Tankers stock forecast page.
NAT Technical Indicators
NAT Earnings
Last year, NAT earnings were $98.71M. Over the last three year, NAT's earnings have grown by 72.58% per year. This was faster than the Marine Shipping industry average of 39.43%.
Last year, NAT revenue was $391.69M. During the last 5 year, NAT's revenue has increased by 6.27% per year. This was slower than the Marine Shipping industry average of 37.34%.
Learn more about NAT's earnings and revenue performance here.
Are NAT insiders buying or selling the stock?
In the past year, executives and large shareholders at NAT have not bought or sold any shares.
Get more info about who owns NAT stock here.
Can I rely on NAT as an income stream?
Nordic American Tankers pays a dividend of 12.24%, compared to the Marine Shipping industry's average dividend yield of 21.89%. If you owned $1,000 of NAT stock, you would have been paid $122.45 last year.
Nordic American Tankers dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Nordic American Tankers dividend yield and history here.
What others are saying about NAT
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your NAT trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you want more help investing in stocks on eToro, click the helpful video below:
Step 6: Track your NAT position
Now that you own some shares in NAT, you'll want to keep up with your new stock purchase.
Make a watchlist to get notified of important updates regarding your NAT stock.
NAT Feed
How to Buy Stock in Nordic American Tankers
To summarize, here are the 6 steps to buy Nordic American Tankers stock:
- Figure out where to buy Nordic American Tankers stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Nordic American Tankers stock
- Execute your NAT trade
- Track your NAT position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Nordic American Tankers, get started below.
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