Nordic American Tankers Hits New 52-Week High of USD 5.42

Nordic American Tankers has reached a significant milestone by hitting a new 52-week high of USD 5.42 on February 26, 2026. This achievement highlights the stock's impressive performance over the past year, with a notable increase of 34.0%, significantly outpacing the S&P 500's growth of 12.95% during the same period. As a small-cap company in the transport services industry, Nordic American Tankers boasts a market capitalization of USD 1,044 million. The stock's price-to-earnings (P/E) ratio stands at 56.00, indicating a premium valuation relative to earnings. Additionally, the company offers an extraordinary dividend yield of 600.11%, which is a key attraction for income-focused investors. With a debt-to-equity ratio of 0.79 and a return on equity of 0.41%, Nordic American Tankers maintains a balanced financial structure. The price-to-book ratio is recorded at 2.26, reflecting the market's valuation of the company's assets. Overall, the recent price movement underscores the stock's robust performance and market position within the transport services sector.