Tsakos Energy Navigation Ltd. (NYSE:TNP) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 21, 2016
Zacks Investment Research has downgraded Tsakos Energy Navigation Ltd. (NYSE:TNP) to Strong Sell in a statement released on 9/21/2016.
Having a price of $4.91, Tsakos Energy Navigation Ltd. (NYSE:TNP) traded 1.22% higher on the day. With the last close down -11.06% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. TNP has recorded a 50-day average of $4.97 and a two hundred day average of $5.59. Trade Volume was down over the average, with 73,821 shares of TNP changing hands under the typical 636,783
Recent Performance Chart
Tsakos Energy Navigation Ltd. has PE ratio of 4.07 with a one year low of $4.48 and a one year high of $9.63 and has a market capitalization of $0.
A total of 10 analysts have released a report on Tsakos Energy Navigation Ltd.. One analyst rating the company a strong buy, zero analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $10.03.
General Company Details For Tsakos Energy Navigation Ltd. (NYSE:TNP)
Tsakos Energy Navigation Limited is a provider of international seaborne crude oil and petroleum product transportation services. The Company operates through maritime transportation of liquid energy related products segment. It operates a fleet of approximately 50 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. Its fleet also includes a liquefied natural gas (LNG) carrier and over two shuttle suezmax tankers with dynamic positioning technology (DP2). This fleet diversity includes a range of sister ships. The operating fleet totals over 5.2 million deadweight tonnage (dwt), all of which is double-hulled. Its diversified fleet, which includes VLCC, suezmax, aframax, panamax, handysize, handymax tankers, LNG carrier and DP2 shuttle tankers, allows it to serve its customers' international petroleum product and crude oil transportation needs.
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