Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. DHT Holdings Inc shares valued at $307,027 were purchased by Kramer Jeremy on Aug 19 ’24. At $11.36 per share, Kramer Jeremy acquired 27,027 shares.
As published in a research note from Kepler on December 12, 2024, DHT Holdings Inc [DHT] has been rated down from a Buy to a Hold and the price target has been revised to $9.70. Analysts at BTIG Research started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of March 21, 2024, Jefferies has increased its “Hold” rating to a “Buy” for DHT. Earlier on October 19, 2023, Stifel downgraded its rating. Their new recommendation was “a Hold” for DHT stock which previously was a “a Buy”.
Analyzing DHT Stock Performance
During the last five days, there has been a drop of approximately -6.88%. Over the course of the year, DHT Holdings Inc shares have dropped approximately -8.97%. Shares of the company reached a 52-week high of $12.80 on 05/20/24 and a 52-week low of $8.69 on 12/12/24. A 50-day SMA is recorded $10.50, while a 200-day SMA reached $11.13. Nevertheless, trading volume fell to 2.78 million shares from 1.91 million shares the previous day.
Support And Resistance Levels for DHT Holdings Inc (DHT)
According to the 24-hour chart, there is a support level at 8.77, which, if violated, would cause prices to drop to 8.61. In the upper region, resistance lies at 9.01. The next price resistance is at 9.09. RSI (Relative Strength Index) is 30.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.44, which suggests the price will decrease in the coming days. Percent R is at 84.81%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
