Tsakos Energy Navigation Limited (NYSE:TEN) shares, rose in value on Friday, June 20, with the stock price down by -2.45% to the previous day’s close as strong demand from buyers drove the stock to $20.72.
Actively observing the price movement in the last trading, the stock closed the session at $21.24. The PE ratio was 4.62 over 12-month period. Referring to stock’s 52-week performance, its high was $30.40, and the low was $13.40. On the whole, TEN has fluctuated by 14.10% over the past month.
With the market capitalization of Tsakos Energy Navigation Limited currently standing at about $624.24 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jun-17. The company’s Forward Dividend Ratio is 1.50, with its dividend yield at 7.24%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TEN’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.16, with the price of TEN currently trading nearly 11.95% and 18.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.41, while the 7-day volatility ratio is showing 5.64% which for the 30-day chart, stands at 3.11%. Furthermore, Tsakos Energy Navigation Limited (TEN)’s beta value is -0.15, and its average true range (ATR) is 0.76.
A comparison of Tsakos Energy Navigation Limited (TEN) with its peers suggests the former has fared considerably weaker in the market. TEN showed an intraday change of -2.45% in last session, and over the past year, it shrunk by -26.63%%.
Data on historical trading for Tsakos Energy Navigation Limited (NYSE:TEN) indicates that the trading volumes over the past 3 months, they’ve averaged 339.51K. According to company’s latest data on outstanding shares, there are 30.13 million shares outstanding.
Nearly 29.15% of Tsakos Energy Navigation Limited’s shares belong to company insiders and institutional investors own 19.49% of the company’s shares. The stock has risen by 19.49% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TEN stock heading into the next quarter.
