DHT Holdings Inc’s recently made public 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.
Kepler downgraded its DHT Holdings Inc [DHT] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. Jefferies also remained covering DHT and has increased its forecast on March 21, 2024 with a “Buy” recommendation from previously “Hold” rating. Stifel revised its rating on October 19, 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 7.29% to $10.01. Over the last five days, the stock has gained 9.04%. DHT Holdings Inc shares have risen nearly 7.75% since the year began. Nevertheless, the stocks have fallen -8.50% over the past one year. While a 52-week high of $12.80 was reached on 01/07/25, a 52-week low of $8.67 was recorded on 01/06/25. SMA at 50 days reached $9.82, while 200 days put it at $10.99.
Levels Of Support And Resistance For DHT Stock
The 24-hour chart illustrates a support level at 9.78, which if violated will result in even more drops to 9.56. On the upside, there is a resistance level at 10.25. A further resistance level may holdings at 10.50. The Relative Strength Index (RSI) on the 14-day chart is 59.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 16.25%. Stochastics %K at 70.86% indicates the stock is a holding.
How much short interest is there in DHT Holdings Inc?
A steep rise in short interest was recorded in DHT Holdings Inc stocks on 2024-12-13, growing by 0.27 million shares to a total of 5.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 5.05 million shares. There was a rise of 5.14%, which implies that there is a positive sentiment for the stock.
