NYSE:NAO - Nordic American Offshore Stock Price, News, & Analysis

$2.64
-0.04 (-1.49 %)
(As of 06/19/2019 05:50 AM ET)
Today's Range
$2.60
Now: $2.64
$2.75
50-Day Range
$2.64
MA: $3.98
$4.90
52-Week Range
$2.48
Now: $2.64
$11.90
Volume9,418 shs
Average Volume31,269 shs
Market Capitalization$49.47 million
P/E RatioN/A
Dividend YieldN/A
Beta0.56
Nordic American Offshore Ltd. owns and operates platform supply vessels (PSVs). As of December 31, 2017, it had a fleet of 10 PSVs. The company operates its vessels in the United Kingdom and in the Norwegian sectors of the North Sea. Nordic American Offshore Ltd. was founded in 2013 and is based in Hamilton, Bermuda.

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone473-342-7300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$18.44 million
Book Value$8.72 per share

Profitability

Miscellaneous

EmployeesN/A
Market Cap$49.47 million
Next Earnings Date8/9/2019 (Estimated)
OptionableOptionable

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Nordic American Offshore (NYSE:NAO) Frequently Asked Questions

What is Nordic American Offshore's stock symbol?

Nordic American Offshore trades on the New York Stock Exchange (NYSE) under the ticker symbol "NAO."

When did Nordic American Offshore's stock split? How did Nordic American Offshore's stock split work?

Nordic American Offshore shares reverse split before market open on Monday, January 28th 2019. The 1-10 reverse split was announced on Wednesday, January 23rd 2019. The number of shares owned by shareholders was adjusted after the market closes on Friday, January 25th 2019. An investor that had 100 shares of Nordic American Offshore stock prior to the reverse split would have 10 shares after the split.

How were Nordic American Offshore's earnings last quarter?

Nordic American Offshore Ltd (NYSE:NAO) issued its quarterly earnings data on Thursday, June, 6th. The shipping company reported ($0.98) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.14) by $0.84. The shipping company had revenue of $4.56 million for the quarter. View Nordic American Offshore's Earnings History.

When is Nordic American Offshore's next earnings date?

Nordic American Offshore is scheduled to release their next quarterly earnings announcement on Friday, August 9th 2019. View Earnings Estimates for Nordic American Offshore.

What price target have analysts set for NAO?

1 analysts have issued twelve-month price targets for Nordic American Offshore's shares. Their predictions range from $5.00 to $5.00. On average, they expect Nordic American Offshore's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 89.4% from the stock's current price. View Analyst Price Targets for Nordic American Offshore.

What is the consensus analysts' recommendation for Nordic American Offshore?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordic American Offshore in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nordic American Offshore.

Has Nordic American Offshore been receiving favorable news coverage?

Press coverage about NAO stock has trended very negative on Wednesday, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nordic American Offshore earned a media sentiment score of -3.1 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Nordic American Offshore.

Are investors shorting Nordic American Offshore?

Nordic American Offshore saw a decline in short interest in May. As of May 15th, there was short interest totalling 198,200 shares, a decline of 8.2% from the April 15th total of 215,800 shares. Based on an average trading volume of 46,000 shares, the days-to-cover ratio is presently 4.3 days. Approximately 1.3% of the company's stock are short sold. View Nordic American Offshore's Current Options Chain.

Who are some of Nordic American Offshore's key competitors?

What other stocks do shareholders of Nordic American Offshore own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nordic American Offshore investors own include Nordic American Tanker (NAT), Arena Pharmaceuticals (ARNA), Opko Health (OPK), TherapeuticsMD (TXMD), Teekay Tankers (TNK), Abraxas Petroleum (AXAS), Energy Transfer LP Unit (ET), Integra Gold (ICG), bluebird bio (BLUE) and Cisco Systems (CSCO).

Who are Nordic American Offshore's key executives?

Nordic American Offshore's management team includes the folowing people:
  • Mr. Emanuele A. Lauro, CEO & Chairman (Age 40)
  • Mr. Robert L. Bugbee, Pres & Director (Age 59)
  • Mr. Bjørn Giaever, CFO & Sec. (Age 52)
  • Mr. Cameron Mackey, Chief Operating Officer (Age 51)
  • Mr. Frithjof Bettum, Sr. VP of Technical Operations (Age 57)

Who are Nordic American Offshore's major shareholders?

Nordic American Offshore's stock is owned by many different of institutional and retail investors. Top institutional shareholders include WealthTrust Axiom LLC (0.38%) and Highland Capital Management LLC (0.16%). View Institutional Ownership Trends for Nordic American Offshore.

Which major investors are selling Nordic American Offshore stock?

NAO stock was sold by a variety of institutional investors in the last quarter, including WealthTrust Axiom LLC and Highland Capital Management LLC. View Insider Buying and Selling for Nordic American Offshore.

How do I buy shares of Nordic American Offshore?

Shares of NAO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Nordic American Offshore's stock price today?

One share of NAO stock can currently be purchased for approximately $2.64.

How big of a company is Nordic American Offshore?

Nordic American Offshore has a market capitalization of $49.47 million and generates $18.44 million in revenue each year. View Additional Information About Nordic American Offshore.

What is Nordic American Offshore's official website?

The official website for Nordic American Offshore is http://www.nao.bm/.

How can I contact Nordic American Offshore?

Nordic American Offshore's mailing address is 27 REID STREET, HAMILTON D0, HM 11. The shipping company can be reached via phone at 473-342-7300 or via email at [email protected]


MarketBeat Community Rating for Nordic American Offshore (NYSE NAO)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  156 (Vote Outperform)
Underperform Votes:  190 (Vote Underperform)
Total Votes:  346
MarketBeat's community ratings are surveys of what our community members think about Nordic American Offshore and other stocks. Vote "Outperform" if you believe NAO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NAO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2019 by MarketBeat.com Staff

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