Hafnia Ltd [HAFN] moved up 6.05: Why It’s Important

Hafnia Ltd [NYSE: HAFN] gained 6.05% on the last trading session, reaching $5.61 price per share at the time.

If compared to the average trading volume of 2.31M shares, HAFN reached a trading volume of 2222981 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Hafnia Ltd [HAFN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HAFN shares is $8.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HAFN stock is a recommendation set at 1.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BTIG Research have made an estimate for Hafnia Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 12, 2024.

The Average True Range (ATR) for Hafnia Ltd is set at 0.20, with the Price to Sales ratio for HAFN stock in the period of the last 12 months amounting to 0.94. The Price to Book ratio for the last quarter was 1.18, with the Price to Cash per share for the same quarter was set at 0.57. Price to Free Cash Flow for HAFN in the course of the last twelve months was 3.19 with Quick ratio for the last quarter at 1.52.

Trading performance analysis for HAFN stock

Hafnia Ltd [HAFN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.09. With this latest performance, HAFN shares gained by 0.90% in over the last four-week period, additionally sinking by -32.24% over the last 6 months – not to mention a drop of -19.34% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HAFN stock in for the last two-week period is set at 53.65, with the RSI for the last a single of trading hit 61.27, and the three-weeks RSI is set at 49.68 for Hafnia Ltd [HAFN]. The present Moving Average for the last 50 days of trading for this stock 5.68, while it was recorded at 5.25 for the last single week of trading, and 7.21 for the last 200 days.

Hafnia Ltd [HAFN]: A deeper dive into fundamental analysis

Hafnia Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.52 and a Current Ratio set at 1.70.

An analysis of Institutional ownership at Hafnia Ltd [HAFN]