Watch for Continued Gains in Shares of DHT Holdings Inc. (DHT)

September 19, 2022 11:06:41

Shares of DHT Holdings Inc. (NYSE:DHT) traded today at $9.31, eclipsing its 52-week high. 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 2.4 million shares.

In the past 52 weeks, shares of DHT Holdings Inc. have traded between a low of $4.55 and a high of $9.31 and is now at $9.09, which is 100% above that low price.

DHT Holdings Inc. (NYSE:DHT) is currently priced 59.7% above its average consensus analyst price target of $3.66.

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.

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