Shares of DHT Holdings Inc. (DHT) Rise to a New 52-Week High

October 19, 2021 11:27:25

DHT Holdings Inc. (NYSE:DHT) traded today at a new 52-week high of $7.19. This new high was reached on above average trading volume as 3.4 million shares traded hands, while the average 30-day volume is approximately 2 million shares.

DHT Holdings Inc is a crude oil tanker company. It is an independent crude oil tanker company. Its fleets trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 200,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore.

DHT Holdings Inc. has overhead space with shares priced $7.09, or 71.8% below the average consensus analyst price target of $25.12.

Over the past year, DHT Holdings Inc. has traded in a range of $4.52 to $7.19 and is now at $7.09, 57% above that low.

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