Tsakos Energy Navigation (NYSE:TEN - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $158.71 million for the quarter.
Tsakos Energy Navigation Stock Performance
TEN traded down $0.70 during trading on Friday, hitting $16.66. The stock had a trading volume of 453,861 shares, compared to its average volume of 286,832. 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 one year low of $15.05 and a one year high of $30.40. The company has a 50 day moving average price of $17.42 and a 200-day moving average price of $19.96. The firm has a market cap of $491.42 million, a price-to-earnings ratio of 3.04 and a beta of -0.31.
Analyst Ratings Changes
A number of research firms recently weighed in on TEN. Alliance Global Partners initiated coverage on Tsakos Energy Navigation in a report on Thursday, December 5th. They issued a "buy" rating and a $40.00 price objective for the company. Jefferies Financial Group cut their price objective on shares of Tsakos Energy Navigation from $24.00 to $22.00 and set a "hold" rating on the stock in a research report on Tuesday, November 26th. Finally, StockNews.com upgraded shares of Tsakos Energy Navigation from a "sell" rating to a "hold" rating in a research note on Wednesday, November 27th.
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Tsakos Energy Navigation Company Profile
(
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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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