Tsakos Energy Navigation Ltd (TNP) Shares are Down -3.16%

Tsakos Energy Navigation Ltd (TNP) : During the past 4 weeks, traders have been relatively bearish on Tsakos Energy Navigation Ltd (TNP), hence the stock is down -3.9% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.52% relative to the S&P 500. The 4-week change in the price of the stock is -4.1% and the stock has fallen -3.16% in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.86% and the fifty day Moving Average is 1.45%. Tsakos Energy Navigation Limited has dropped 19.42% during the last three month period . Year-to-Date the stock performance stands at -36.19%.

Tsakos Energy Navigation Ltd (TNP) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $13 and the lowest price target forecast is $6. The average forecast of all the analysts is $8.5 and the expected standard deviation is $2.76.


Tsakos Energy Navigation Ltd (NYSE:TNP): On Fridays trading session , Opening price of the stock was $5.06 with an intraday high of $5.06. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4.88. However, the stock managed to close at $4.91, a loss of 2.19% for the day. On the previous day, the stock had closed at $5.02. The total traded volume of the day was 482,705 shares.

Tsakos Energy Navigation Limited is a provider of international seaborne crude oil and petroleum product transportation services. As of April 8, 2015, the Company operated a fleet of 47 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. The Companys fleet also includes one liquefied natural gas (LNG) carrier and two shuttle suezmax tankers with dynamic positioning technology (DP2), as well as VLCC, aframax, panamax, handysize, handymax tankers, and the two DP2 shuttle tankers. Its fleet is managed by Tsakos Energy Management Limited (Tsakos Energy Management). Tsakos Energy Management provides the Company with advisory, financial, accounting and administrative services. Its tanker fleets technical management, including crewing, maintenance and repair, and voyage operations, is subcontracted to Tsakos Columbia Shipmanagement (TCM).

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