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Enter Symbol:
 
Nordic American Tanker Shipping (NAT) [hlAlert]

Rating:
Sell NAT
down 32.67 %

Nordic American Tanker Shipping (NAT) rated Sell with price target $6 by Maxim Group

Posted on: Thursday,  Jan 9, 2014  11:25 AM ET by Maxim Group

Maxim Group rated Sell Nordic American Tanker Shipping (NYSE: NAT) on 01/09/2014, when the stock price was $9.58.
Since then, Nordic American Tanker Shipping has gained 48.54% as of 01/08/2016's recent price of $14.23.
If you would have followed this Maxim Group's recommendation on NAT, you would have lost 32.67% of your investment in 729 days.

Nordic American Tanker Shipping Limited is an international tanker company that owns double-hull Suezmax tankers averaging approximately 155,000 deadweight tons (dwt) each. It owns and operates crude oil tankers. As of December 31, 2008, the Company owned 15 double hull Suezmax tankers, including one vessel delivered in February 2009 and two new buildings. The Company?s fleet includes Gulf Scandic, Nordic Hawk, Nordic Hunter, Nordic Voyager, Nordic Freedom, Nordic Fighter, Nordic Discovery, Nordic Sprite, Nordic Saturn, Nordic Jupiter, Nordic Cosmos, Nordic Moon, Nordic Apollo, Nordic Galaxy and Nordic Vega.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2014 11:25 AM Sell
None
9.58 6.00
as of 10/17/2014
1 Week down  -9.35 %
1 Month up  8.93 %
3 Months up  11.86 %
1 YTD up  17.01 %

(*) Stock Price at the time of the recommendation.
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