Hafnia Ltd (HAFN) shares projected to rise by 33.16%

Hafnia Ltd [HAFN] stock prices are up 3.16% to $7.51 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HAFN shares have gain 4.31% over the last week, with a monthly amount glided 2.04%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Hafnia Ltd [NYSE: HAFN] stock has seen the most recent analyst activity on April 12, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $10.

The stock price of Hafnia Ltd [HAFN] has been fluctuating between $5.66 and $8.99 over the past year. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Hafnia Ltd [NYSE: HAFN] shares were valued at $7.51 at the most recent close of the market. An investor can expect a potential return of 33.16% based on the average HAFN price forecast.

Analyzing the HAFN fundamentals

The Hafnia Ltd [NYSE:HAFN] reported sales of 2.75B for trailing twelve months, representing a surge of 72.42%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.35 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.42 points at the first support level, and at 7.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.57, and for the 2nd resistance point, it is at 7.62.

Ratios To Look Out For

It’s worth pointing out that Hafnia Ltd [NYSE:HAFN]’s Current Ratio is 1.49. Also, the Quick Ratio is 1.33, while the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 1.57 and price to earnings (TTM) ratio is 4.78.

Related Posts