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Nordic American Tanker Ltd (NYSE:NAT) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Yesterday Nordic American Tanker Ltd (NYSE:NAT) traded 3.95% higher at $10.63. NAT’s 50-day average is $11.09 and its 200-day moving average is $13.51. With the last stock price down 22.10% from the 200-day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. 1,258,139 shares of Nordic American Tanker Ltd were exchanged, down from ann avg. volume of 1,548,350.

Zacks Investment Research has upgraded Nordic American Tanker Ltd(NYSE:NAT) to Hold in a statement released 8/17/2016.

On 5/10/2016, Jefferies & Co released a statement about Nordic American Tanker Ltd(NYSE:NAT) dropped the target price from $12.00 to $10.00. At the time, this indicated a possible downside of -0.37%.

See Chart Below:

Nordic American Tanker Ltd (NYSE:NAT)

A total of 5 equity analysts have issued a research note on the stock. One firm rate the stock a strong buy, one analyst rate the company a buy, three firms rate the company a hold, 0 rate the company to underperform, and finally 0 firmsrate the stock as sell with a one year target stock price of $14.20

Nordic American Tanker Ltd has a one-year low of $9.94 and a 52 week high of $17.02 with a P/E ratio of 10 and has a market capitalization of $0.0.

General Company Details For Nordic American Tanker Ltd (NYSE:NAT)

Nordic American Tankers Limited is an international tanker company. The Company owns approximately 26 vessels, including approximately two new buildings under construction, of approximately 156, 000 deadweight tonnage (dwt) each. The Company’s Suezmaxes tankers can carry over one million barrels of oil. The vessels in the Company’s fleet are homogenous and interchangeable. The Company’s vessels are employed in the spot market. The Company’s vessels include Nordic Harrier, Nordic Hawk, Nordic Hunter, Nordic Voyager, Nordic Fighter, Nordic Freedom, Nordic Discovery, Nordic Saturn, Nordic Jupiter, Nordic Moon, Nordic Apollo, Nordic Cosmos, Nordic Sprite, Nordic Mistral, Nordic Passat, Nordic Vega, Nordic Breeze, Nordic Zenith, Nordic Sprinter, and Nordic Skier and Nordic Light.

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