Off goes NAT. The stock dropped today. A closer look at what's happening:

Nordic American Tanker Shipping Ltd (NAT) is trading -8% lower at $2.415 today. While the stock is trading 40% below it's peak in May 2018, it seems like a mildly speculative, if not stable buy in an otherwise turbulent macro environment.

The company's beta value hit 0.08, indicating that it is a stable company with low risk of bankruptcy or stock price volatility.

Tanker markets are heating up and NAT is a stable company with low risk of bankruptcy or stock price volatility that owns a fleet of 20 homogenous Suezmax tankers, making it well-positioned to capitalize on this trend

Nordic American Tanker Shipping Ltd has been trading between a 52-week high of $3.32 and a 52-week low of $1.38. The stock has a market cap of $467 Million.