DHT Holdings, Inc. (DHT) was a big mover last session, as its shares rose over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the trend for the company since Sep 2, as the stock is now trading above the volatile price range of $6.27 to $6.77.
In the last 30 days, the company witnessed one positive estimate revision and the Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
DHT Holdings currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Other well-performing stocks in the shipping industry include Ship Finance International Limited (SFL), Star Bulk Carriers Corp. (SBLK) and Rand Logistics, Inc. (RLOG). All three sport a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment