Tsakos Energy Navigation (NYSE:TEN - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02, Zacks reports. Tsakos Energy Navigation had a return on equity of 19.07% and a net margin of 22.57%. The firm had revenue of $154.59 million for the quarter, compared to the consensus estimate of $158.71 million.
Tsakos Energy Navigation Trading Down 0.5 %
NYSE:TEN traded down $0.09 during trading hours on Monday, hitting $17.09. The company had a trading volume of 301,470 shares, compared to its average volume of 289,799. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.32 and a quick ratio of 1.28. Tsakos Energy Navigation has a 52 week low of $15.05 and a 52 week high of $30.40. The company has a market capitalization of $504.11 million, a PE ratio of 3.12 and a beta of -0.31. The stock has a 50-day moving average price of $17.15 and a 200 day moving average price of $19.70.
Analyst Ratings Changes
Separately, Alliance Global Partners assumed coverage on shares of Tsakos Energy Navigation in a report on Thursday, December 5th. They issued a "buy" rating and a $40.00 price target on the stock.
Check Out Our Latest Research Report on TEN
About Tsakos Energy Navigation
(
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Tsakos Energy Navigation Ltd. engages in the provision of seaborne crude oil and petroleum product transportation services. Its activities include the operation of crude tankers, product tankers, and liquefied natural gas carriers. The company was founded by Nikolas P. Tsakos and Michael Gordon Jolliffee in July 1993 and is headquartered in Athens, Greece.
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