Nordic American Tankers hits New 52-Week High

(24/7 MARKET NEWS) – Nordic American Tankers Limited (NYSE: NAT) hit a new 52week high today, of $3.45. it’s pulled back from the high, at $3.375, up $0.175 (+5.47%), on 2,789,882 shares.

Nordic American’s recent news includes that it expects to increase its dividend, by an unspecified amount, on strong market conditions and that board member, Alexander Hansson, purchased 75,000 shares to bring his privately owned NAT share count to 2,000,000.

Its 52-week range is $1.40 to $3.45, while its day’s range is $3.23 – $3.45.

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