Hafnia Limited (NYSE:HAFN – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 580,799 shares changed hands during trading, an increase of 33% from the previous session’s volume of 436,190 shares.The stock last traded at $6.84 and had previously closed at $7.09.
Hafnia Stock Performance
The company’s fifty day moving average price is $7.48. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.33 and a current ratio of 1.49. The company has a market capitalization of $3.39 billion and a PE ratio of 4.25.
Hafnia (NYSE:HAFN – Get Free Report) last announced its quarterly earnings results on Friday, August 23rd. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. The firm had revenue of $417.36 million for the quarter, compared to the consensus estimate of $387.14 million. Hafnia had a net margin of 47.30% and a return on equity of 34.28%. Analysts forecast that Hafnia Limited will post 1.6 earnings per share for the current fiscal year.
Hafnia Increases Dividend
Hedge Funds Weigh In On Hafnia
Several institutional investors have recently made changes to their positions in the business. Mondrian Investment Partners LTD bought a new position in shares of Hafnia in the 2nd quarter worth approximately $43,000. Allspring Global Investments Holdings LLC bought a new position in shares of Hafnia in the 2nd quarter worth approximately $60,000. Prudential PLC bought a new position in shares of Hafnia in the 2nd quarter worth approximately $100,000. TD Asset Management Inc bought a new position in shares of Hafnia in the 2nd quarter worth approximately $148,000. Finally, XTX Topco Ltd bought a new position in shares of Hafnia in the 2nd quarter worth approximately $183,000.
About Hafnia
Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.
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