Stock News

Nordic American Tankers Limited (NAT) Reaches $1.97 1 Year Low; Pl Capital Advisors Has Lowered Its Peoples Bancorp (PEBO) Stake

The stock of Nordic American Tankers Limited (NYSE:NAT) hit a new 52-week low and has $1.81 target or 8.00% below today’s $1.97 share price. The 7 months bearish chart indicates high risk for the $279.64M company. The 1-year low was reported on Feb, 11 by Barchart.com. If the $1.81 price target is reached, the company will be worth $22.37 million less. The stock decreased 0.51% or $0.01 during the last trading session, reaching $1.97. About 2.46M shares traded or 11.16% up from the average. Nordic American Tankers Limited (NYSE:NAT) has declined 48.16% since February 11, 2017 and is downtrending. It has underperformed by 64.86% the S&P500.

Pl Capital Advisors Llc decreased Peoples Bancorp (PEBO) stake by 4.49% reported in 2017Q3 SEC filing. Pl Capital Advisors Llc sold 26,542 shares as Peoples Bancorp (PEBO)’s stock declined 6.45%. The Pl Capital Advisors Llc holds 565,179 shares with $18.98 million value, down from 591,721 last quarter. Peoples Bancorp now has $620.13 million valuation. The stock increased 0.12% or $0.04 during the last trading session, reaching $33.91. About 67,569 shares traded or 87.06% up from the average. Peoples Bancorp Inc. (NASDAQ:PEBO) has risen 47.34% since February 11, 2017 and is uptrending. It has outperformed by 30.64% the S&P500.

Among 9 analysts covering Nordic American Tanker Shipping (NYSE:NAT), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Nordic American Tanker Shipping had 26 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Nordic American Tankers Limited (NYSE:NAT) earned “Hold” rating by Seaport Global on Thursday, January 4. As per Tuesday, August 8, the company rating was maintained by Maxim Group. As per Monday, August 21, the company rating was maintained by Jefferies. On Wednesday, November 16 the stock rating was initiated by Wells Fargo with “Market Perform”. Jefferies maintained it with “Sell” rating and $4.0 target in Thursday, October 19 report. The rating was upgraded by Jefferies to “Hold” on Thursday, December 14. The rating was maintained by Maxim Group on Monday, May 8 with “Sell”. The company was maintained on Monday, July 17 by Jefferies. As per Wednesday, May 4, the company rating was reinitiated by Seaport Global. The stock has “Sell” rating by Maxim Group on Monday, April 24.

Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers worldwide. The company has market cap of $279.64 million. It operates a fleet of 33 Suezmax crude oil tankers. It currently has negative earnings.

Since September 20, 2017, it had 1 buying transaction, and 3 insider sales for $295,413 activity. $81,655 worth of Peoples Bancorp Inc. (NASDAQ:PEBO) shares were sold by BEAM S CRAIG. The insider Sweet Terry Thomas bought 2,000 shares worth $67,931.

Among 6 analysts covering Peoples Bancorp Inc (NASDAQ:PEBO), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Peoples Bancorp Inc had 11 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Hold” rating by Sandler O’Neill on Tuesday, January 23. The firm earned “Hold” rating on Tuesday, October 3 by Keefe Bruyette & Woods. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of Peoples Bancorp Inc. (NASDAQ:PEBO) has “Market Perform” rating given on Monday, March 7 by Wood. Raymond James downgraded Peoples Bancorp Inc. (NASDAQ:PEBO) on Friday, December 16 to “Mkt Perform” rating. The stock of Peoples Bancorp Inc. (NASDAQ:PEBO) has “Outperform” rating given on Friday, October 30 by Raymond James. Keefe Bruyette & Woods downgraded the shares of PEBO in report on Friday, October 30 to “Market Perform” rating. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, July 25. The stock has “Hold” rating by Boenning & Scattergood on Wednesday, July 26.

Leave a Reply

Your email address will not be published. Required fields are marked *