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Nordic American is Among the Companies in the Oil & Gas Storage & Transportation Industry With the Lowest Price to Book Ratio (NAT, TNK, GNRT, LPG, STNG)

By David Diaz

Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.

Nordic American ranks lowest with a a price to book ratio of 0.27. Teekay Tank-Cl A is next with a a price to book ratio of 0.32. Gener8 Maritime ranks third lowest with a a price to book ratio of 0.38.

Dorian Lpg Ltd follows with a a price to book ratio of 0.41, and Scorpio Tankers rounds out the bottom five with a a price to book ratio of 0.53.

SmarTrend recommended that its subscribers protect gains by selling shares of Nordic American on October 23rd, 2017 by issuing a Downtrend alert when the shares were trading at $4.78. Since that call, shares of Nordic American have fallen 57.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to book ratio nordic american teekay tank-cl a gener8 maritime dorian lpg ltd scorpio tankers

Ticker(s): NAT TNK GNRT LPG STNG