HAFN Stock Summary and Trading Ideas (Hafnia Limited Common Shares | NYSE:HAFN)

Hafnia Ltd is one of the tanker owners, transporting oil, oil products and chemicals for national and international oil companies, chemical companies, as well as trading and utility companies. As owners and operators of around 200 vessels, It offers a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk.

Hafnia Limited Common Shares trades on the NYSE stock market under the symbol HAFN.

As of December 3, 2024, HAFN stock price climbed to $5.84 with 2,773,361 million shares trading.

HAFN has a beta of 0.68, meaning it tends to be less sensitive to market movements. HAFN has a correlation of 0.07 to the broad based SPY ETF.

HAFN has a market cap of $2.99 billion. This is considered a Mid Cap stock.

Last quarter Hafnia Limited Common Shares reported $720 million in Revenue and $.42 earnings per share. This beat revenue expectation by $354 million and exceeded earnings estimates by $.09.

The top ETF exchange traded funds that HAFN belongs to (by Net Assets): SDIV, IDHQ, IDMO.

HAFN support price is $5.50 and resistance is $5.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HAFN shares will trade within this expected range on the day.