The stock has witnessed one upward estimate revision in the past 60 days. The Zacks Consensus Estimate has also moved up over the same time frame, suggesting that more solid trading could be ahead for Nordic American. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.
Nordic American carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the trans-ship industry is Danaos Corporation (DAC), carrying the same rank as Frontline.
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