Hafnia (NYSE:HAFN) Reaches New 52-Week Low – Time to Sell?

Posted by Tammy Falkenburg on Apr 4th, 2025

Hafnia Limited (NYSE:HAFN – Get Free Report)’s share price hit a new 52-week low on Friday . The stock traded as low as $3.61 and last traded at $3.66, with a volume of 2606285 shares. The stock had previously closed at $4.03.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered their price objective on Hafnia from $8.00 to $6.50 and set a “buy” rating on the stock in a research note on Tuesday, December 17th.

Check Out Our Latest Stock Analysis on HAFN

Hafnia Trading Down 9.6 %

The firm has a market capitalization of $1.85 billion and a PE ratio of 2.14. The business has a fifty day moving average price of $4.72 and a two-hundred day moving average price of $5.58. The company has a current ratio of 1.70, a quick ratio of 1.52 and a debt-to-equity ratio of 0.34.

Hafnia Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Friday, March 7th were given a $0.0294 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date was Friday, March 7th. Hafnia’s payout ratio is 7.28%.

Hedge Funds Weigh In On Hafnia

Hedge funds and other institutional investors have recently bought and sold shares of the company. WealthCollab LLC acquired a new position in shares of Hafnia in the fourth quarter valued at approximately $28,000. Bernard Wealth Management Corp. acquired a new stake in shares of Hafnia in the fourth quarter valued at $58,000. Vise Technologies Inc. acquired a new position in Hafnia during the 4th quarter worth $71,000. SJS Investment Consulting Inc. purchased a new stake in Hafnia during the 4th quarter worth about $89,000. Finally, Clear Harbor Asset Management LLC purchased a new position in shares of Hafnia in the 4th quarter valued at about $92,000.

About Hafnia

(Get Free Report)

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.