Tsakos Energy Navigation Limited [NYSE: TEN] closed the trading session at $18.70.
The stocks have a year to date performance of 7.84 percent and weekly performance of -2.50 percent. The stock has been moved at -28.57 percent over the last six months. The stock has performed 13.40 percent around the most recent 30 days and changed -22.50 percent over the most recent 3-months.
If compared to the average trading volume of 388.71K shares, TEN reached to a volume of 258598 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Tsakos Energy Navigation Limited [TEN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TEN shares is $30.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TEN stock is a recommendation set at 1.00. 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.
Alliance Global Partners have made an estimate for Tsakos Energy Navigation Limited shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 05, 2024. While these analysts kept the previous recommendation, Jefferies dropped their target price from $31 to $27. The new note on the price target was released on September 12, 2024, representing the official price target for Tsakos Energy Navigation Limited stock.
The Average True Range (ATR) for Tsakos Energy Navigation Limited is set at 0.82, with the Price to Sales ratio for TEN stock in the period of the last 12 months amounting to 0.66. The Price to Book ratio for the last quarter was 0.32, with the Price to Cash per share for the same quarter was set at 13.08.
TEN stock trade performance evaluation
Tsakos Energy Navigation Limited [TEN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.50. With this latest performance, TEN shares gained by 13.40% in over the last four-week period, additionally sinking by -28.57% over the last 6 months – not to mention a drop of -23.70% 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 TEN stock in for the last two-week period is set at 51.23, with the RSI for the last a single of trading hit 51.24, and the three-weeks RSI is set at 49.21 for Tsakos Energy Navigation Limited [TEN]. The present Moving Average for the last 50 days of trading for this stock 18.80, while it was recorded at 19.78 for the last single week of trading, and 24.42 for the last 200 days.
Tsakos Energy Navigation Limited [TEN]: An insightful look at the core fundamentals
Tsakos Energy Navigation Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.27 and a Current Ratio set at 1.32.
Tsakos Energy Navigation Limited [TEN]: Institutional Ownership
There are presently around $22.36%, or 30.49%% of TEN stock, in the hands of institutional investors.