Media stories about Nordic American Tanker (NYSE:NAT) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nordic American Tanker earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the shipping company an impact score of 45.039525357969 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

Nordic American Tanker (NYSE NAT) opened at $1.97 on Monday. The stock has a market cap of $279.64, a PE ratio of -2.20 and a beta of 0.81. The company has a current ratio of 3.52, a quick ratio of 2.71 and a debt-to-equity ratio of 0.58. Nordic American Tanker has a 1 year low of $1.82 and a 1 year high of $8.68.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Wednesday, February 21st will be given a dividend of $0.03 per share. The ex-dividend date is Tuesday, February 20th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 6.09%. Nordic American Tanker’s dividend payout ratio (DPR) is presently -13.19%.

A number of analysts have commented on the stock. Maxim Group reaffirmed a “sell” rating and set a $3.00 price target (down previously from $4.00) on shares of Nordic American Tanker in a research report on Monday, October 23rd. Morgan Stanley cut their price target on shares of Nordic American Tanker from $6.50 to $5.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 8th. Zacks Investment Research raised shares of Nordic American Tanker from a “sell” rating to a “hold” rating in a research report on Saturday, December 2nd. Jefferies Group raised shares of Nordic American Tanker from an “underperform” rating to a “hold” rating and set a $3.00 price target on the stock in a research report on Thursday, December 14th. Finally, Clarkson Capital raised shares of Nordic American Tanker from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Five analysts have rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Nordic American Tanker currently has an average rating of “Hold” and a consensus target price of $4.17.

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About Nordic American Tanker

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.

Insider Buying and Selling by Quarter for Nordic American Tanker (NYSE:NAT)

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