Hafnia Ltd (HAFN) Could Be Sitting On A Goldmine

Hafnia Ltd (NYSE:HAFN) at last check was buoying at $5.34 on current market day with a rise of 3.90% from its closing price on previous day.

Company’s P/E ratio for the trailing 12 months is 4.44. Considering stock’s 52-week price range provides that HAFN hit a high price of $8.99 and saw its price falling to a low level of $3.61 during that period. Over a period of past 1-month, stock came adding 28.07% in its value.

With its current market valuation of $2.69 billion, Hafnia Ltd is set to declare its quarterly results in June. HAFN Stock’s Forward Dividend of 1.16 and its yield of 21.68% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter.

In contrast, when we review HAFN stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of Hold for it.

According to ratings assigned by 1 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 0 of them are recommending Hafnia Ltd (HAFN) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.

Digging deeper we become aware of the PEG ratio of the HAFN stock which is currently positioned at 0. It further provides that stock’s current price level is 11.30% away from its 20-day simple moving average and is 20.08% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 77.17 while volatility remained at 2.21% over the past week which changes to 2.28% when measuring it over the past month. Average true range or ATR is currently at 0.15. In predicting price targets of as low as $10 and as high as $10, analysts are in agreement on assigning the stock over the next 12 months average price target of $10. Stock’s current price level is -87.27% above from estimated low price target while it is -87.27% below the estimated high; and even if the HAFN’s share succeeded to reach the median price of $10, then the outlook of -87.27% could come to the excitement of the investors.

The percentage of outstanding shares held by the insiders is 47.38% while it is 29.64% for the institutional holders. Subtraction of -4.12% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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