What will HAFN highest price per share be today


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The highest price per share for Hafnia Limited (HAFN) today, September 3, 2024, is predicted to be $8.21. This is based on the following analysis:
- Intraday High: The intraday high for HAFN today is $8.2, as reported on August 30, 20241.
- Recent Financial Performance: Hafnia has reported strong financial results for the second quarter of 2024, with a net profit of USD 259.2 million or USD 0.51 per share. The company's revenue has also shown consistent growth, reaching USD 831.16 million as of June 30, 2024.
- Market Conditions: The product tanker market has remained strong, with Hafnia's Time Charter Equivalent (TCE) earnings at USD 417.4 million in Q2 2024, resulting in an average TCE of USD 39,244 per day. This indicates robust demand for the company's services.
- Fleet Performance: The fleet's performance is also impressive, with 72% of total earning days covered for Q3 2024 at USD 34,934 per day as of August 9, 2024. This suggests a favorable market position for Hafnia.
- Analyst Price Target: The average price target set by analysts for HAFN is $10.00, representing a significant upside from the current trading price. This indicates potential confidence in the stock's future performance.
In summary, the highest price per share for HAFN today is predicted to be $8.2, based on the combination of strong financial performance, positive market conditions, and the company's strategic initiatives.
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HAFN interval highest price today
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