Tsakos Energy Navigation Ltd (NYSE:TEN - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $17.69 and traded as high as $18.20. Tsakos Energy Navigation shares last traded at $17.70, with a volume of 283,619 shares changing hands.
Tsakos Energy Navigation Price Performance
The business has a 50-day simple moving average of $16.40 and a 200 day simple moving average of $17.66. The firm has a market cap of $549.84 million, a P/E ratio of 3.33 and a beta of -0.25. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.28 and a current ratio of 1.32.
Tsakos Energy Navigation (NYSE:TEN - Get Free Report) last announced its earnings results on Thursday, March 27th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. Tsakos Energy Navigation had a return on equity of 19.07% and a net margin of 22.57%. The firm had revenue of $154.59 million during the quarter, compared to analyst estimates of $158.71 million. On average, analysts anticipate that Tsakos Energy Navigation Ltd will post 3.44 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Tsakos Energy Navigation stock. Hsbc Holdings PLC acquired a new stake in shares of Tsakos Energy Navigation Ltd (NYSE:TEN - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 15,638 shares of the company's stock, valued at approximately $267,000. Hsbc Holdings PLC owned approximately 0.05% of Tsakos Energy Navigation as of its most recent SEC filing. Hedge funds and other institutional investors own 19.24% of the company's stock.
About Tsakos Energy Navigation
(
Get Free Report)
Tsakos Energy Navigation Ltd. engages in the provision of seaborne crude oil and petroleum product transportation services. Its activities include the operation of crude tankers, product tankers, and liquefied natural gas carriers. The company was founded by Nikolas P. Tsakos and Michael Gordon Jolliffee in July 1993 and is headquartered in Athens, Greece.
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