Hafnia Limited (NYSE:HAFN - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $4.68 and last traded at $4.65, with a volume of 1397653 shares trading hands. The stock had previously closed at $4.60.
Hafnia Stock Up 2.5 %
The stock has a market capitalization of $2.56 billion and a price-to-earnings ratio of 2.97. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.52 and a current ratio of 1.70. The firm's fifty day simple moving average is $4.28 and its 200 day simple moving average is $5.06.
Hafnia Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Friday, March 7th were issued a dividend of $0.0294 per share. This represents a $0.12 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date was Friday, March 7th. Hafnia's dividend payout ratio (DPR) is presently 7.28%.
Hedge Funds Weigh In On Hafnia
Several hedge funds have recently made changes to their positions in the business. WealthCollab LLC bought a new stake in shares of Hafnia during the 4th quarter worth approximately $28,000. Naviter Wealth LLC bought a new stake in Hafnia in the 1st quarter valued at $42,000. Bernard Wealth Management Corp. acquired a new stake in Hafnia during the 4th quarter valued at $58,000. Smith Anglin Financial LLC bought a new position in Hafnia during the first quarter worth $52,000. Finally, Vise Technologies Inc. acquired a new position in shares of Hafnia in the fourth quarter valued at $71,000.
Hafnia Company Profile
(
Get Free Report)
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.
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