DHT Holdings Inc’s filing revealed that its Director Kramer Jeremy acquired Company’s shares for reported $0.31 million on Aug 19 ’24. In the deal valued at $11.36 per share,27,027 shares were bought.
BTIG Research initiated its DHT Holdings Inc [DHT] rating to a Buy in a research note published on October 15, 2024; the price target was $16. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in late March from “a Hold” to “a Buy”. Stifel also remained covering DHT and has decreased its forecast on October 19, 2023 with a “Hold” recommendation from previously “Buy” rating. Jefferies revised its rating on May 04, 2023. It rated DHT as “a Hold” which previously was an “a Buy”.
Price Performance Review of DHT
On Tuesday, DHT Holdings Inc [NYSE:DHT] saw its stock jump 5.54% to $9.90. Over the last five days, the stock has lost -1.10%. DHT Holdings Inc shares have risen nearly 0.92% since the year began. Nevertheless, the stocks have fallen -3.32% over the past one year. While a 52-week high of $12.80 was reached on 05/20/24, a 52-week low of $9.23 was recorded on 12/02/24. SMA at 50 days reached $10.74, while 200 days put it at $11.19.
Levels Of Support And Resistance For DHT Stock
The 24-hour chart illustrates a support level at 9.49, which if violated will result in even more drops to 9.09. On the upside, there is a resistance level at 10.15. A further resistance level may holdings at 10.41. The Relative Strength Index (RSI) on the 14-day chart is 43.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.10%. Stochastics %K at 17.17% indicates the stock is a buying.
How much short interest is there in DHT Holdings Inc?
A steep rise in short interest was recorded in DHT Holdings Inc stocks on 2024-11-15, dropping by -2.31 million shares to a total of 5.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 7.36 million shares. There was a decline of -45.69%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 21, 2022 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $9 price target.
