News headlines about Nordic American Offshore (NYSE:NAO) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nordic American Offshore earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the shipping company an impact score of 46.9514237765701 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

Shares of Nordic American Offshore (NYSE:NAO) opened at 1.25 on Wednesday. The stock’s 50 day moving average is $1.19 and its 200-day moving average is $1.39. The firm’s market cap is $28.19 million. Nordic American Offshore has a 12-month low of $0.80 and a 12-month high of $4.57.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 17th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $0.08 annualized dividend and a yield of 6.40%. Nordic American Offshore’s dividend payout ratio (DPR) is currently -6.35%.

Separately, Zacks Investment Research upgraded shares of Nordic American Offshore from a “hold” rating to a “buy” rating and set a $1.25 price target on the stock in a report on Saturday, June 24th.

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Nordic American Offshore Company Profile

Nordic American Offshore Limited (NAO) operates platform supply vessels (PSV). The Company owns approximately eight vessels. The Company operates in the offshore support vessel market segment. The Company has approximately two vessels under construction. The Company’s vessels operate in the North Sea in both the term and spot market.

Insider Buying and Selling by Quarter for Nordic American Offshore (NYSE:NAO)

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