NEW YORK (TheStreet) -- Nordic American Tankers shares are down 4.85% to $10.99 in trading on Tuesday as the international tanker company suffers from falling oil prices today. West Texas crude for February delivery is down 4.72% to $46.39, while industry standard Brent crude for March delivery is down 1.27% to $48.22. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Oil prices have plunged more than 55% since mid-June as the market continues to be flooded with supply thanks to increased production from U.S. shale reserves in conjunction with rising production from OPEC countries. Concerns of falling demand due to weak global economic growth may also be putting pressure on oil prices today, according to the Wall Street Journal. TheStreet Ratings team rates NORDIC AMERICAN TANKERS LTD as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate NORDIC AMERICAN TANKERS LTD (NAT) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing." Highlights from the analysis by TheStreet Ratings Team goes as follows: NAT's very impressive revenue growth greatly exceeded the industry average of 6.5%. Since the same quarter one year prior, revenues leaped by 81.7%. Growth in the company's revenue appears to have helped boost the earnings per share. NAT's debt-to-equity ratio is very low at 0.28 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 7.17, which clearly demonstrates the ability to cover short-term cash needs. The gross profit margin for NORDIC AMERICAN TANKERS LTD is rather high; currently it is at 60.86%. It has increased significantly from the same period last year. Regardless of the strong results of the gross profit margin, the net profit margin of 3.13% trails the industry average. NORDIC AMERICAN TANKERS LTD reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, NORDIC AMERICAN TANKERS LTD reported poor results of -$1.67 versus -$1.38 in the prior year. This year, the market expects an improvement in earnings (-$0.05 versus -$1.67). The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, NORDIC AMERICAN TANKERS LTD's return on equity significantly trails that of both the industry average and the S&P 500. You can view the full analysis from the report here: NAT Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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