News coverage about Navios Maritime Acquisition (NYSE:NNA) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Navios Maritime Acquisition earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news coverage about the shipping company an impact score of 44.8509095294932 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Navios Maritime Acquisition (NNA) Rating Lowered to Strong Sell at ValuEngine (americanbankingnews.com)
- Zacks: Analysts Expect Navios Maritime Acquisition Co. (NNA) to Announce -$0.09 EPS (americanbankingnews.com)
- Navios Maritime Acquisition Co. (NNA) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- $38.58 Million in Sales Expected for Navios Maritime Acquisition Co. (NNA) This Quarter (americanbankingnews.com)
Shares of Navios Maritime Acquisition (NYSE:NNA) traded up $0.01 on Wednesday, reaching $0.88. The company had a trading volume of 358,960 shares, compared to its average volume of 918,271. The stock has a market cap of $133.71, a PE ratio of -1.76 and a beta of 1.12. The company has a debt-to-equity ratio of 2.30, a current ratio of 3.13 and a quick ratio of 0.92. Navios Maritime Acquisition has a twelve month low of $0.67 and a twelve month high of $1.78.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 27th. Investors of record on Thursday, March 22nd will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Wednesday, March 21st. This represents a $0.08 dividend on an annualized basis and a yield of 9.09%. Navios Maritime Acquisition’s dividend payout ratio (DPR) is -40.00%.
Navios Maritime Acquisition announced that its Board of Directors has initiated a share repurchase program on Wednesday, February 7th that authorizes the company to buyback $25.00 million in outstanding shares. This buyback authorization authorizes the shipping company to buy shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.
A number of research analysts have recently commented on the company. ValuEngine cut Navios Maritime Acquisition from a “sell” rating to a “strong sell” rating in a research report on Wednesday, March 7th. Zacks Investment Research raised Navios Maritime Acquisition from a “sell” rating to a “hold” rating in a research report on Thursday, December 28th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Navios Maritime Acquisition in a research report on Friday, January 19th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $1.63.
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Navios Maritime Acquisition Company Profile
Navios Maritime Acquisition Corporation is an international shipping company. The Company owns a fleet of modern crude oil, refined petroleum product and chemical tankers providing marine transportation services around the world. The Company charters its vessels to international oil companies, refiners and vessel operators under long, medium and short-term charters.
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