Can The Uptrend Continue for DHT Holdings (DHT)? - Tale of the Tape
January 21 2014 - 7:23AM
Zacks
Investors certainly have to be happy with
DHT Holdings Inc (DHT) and its short term
performance. After all, the stock has jumped by 30.3% in the past 4
weeks, and it is also above its 20 Day Simple Moving Average as
well. This is certainly a good trend, but investors are probably
asking themselves, can this positive trend continue for DHT?
While we can never know for sure, it is pretty encouraging that
estimates for DHT have moved higher in the past few weeks, meaning
that analyst sentiment is moving in the right way. Plus, the stock
actually has a Zacks Rank #2 (Buy), so the recent move higher for
this spotlighted company may definitely continue over the next few
weeks.
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