Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Nordic American Offshore (NAO) Share Price

News articles about Nordic American Offshore (NYSE:NAO) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nordic American Offshore earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news headlines about the shipping company an impact score of 46.0810029478701 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Nordic American Offshore (NAO) traded down $0.03 during trading on Tuesday, reaching $1.21. The company’s stock had a trading volume of 139,300 shares, compared to its average volume of 440,041. The company has a current ratio of 13.46, a quick ratio of 13.11 and a debt-to-equity ratio of 0.51. Nordic American Offshore has a twelve month low of $0.80 and a twelve month high of $3.50.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Monday, November 27th will be paid a $0.02 dividend. The ex-dividend date is Friday, November 24th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 6.61%.

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About Nordic American Offshore

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.

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