Navios Maritime Acquisition (NYSE:NNA) was upgraded by investment analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Thursday, ValuEngine reports.
Shares of NYSE NNA traded down $0.11 during midday trading on Thursday, reaching $6.82. 260,425 shares of the company’s stock were exchanged, compared to its average volume of 92,659. Navios Maritime Acquisition has a 52-week low of $2.90 and a 52-week high of $11.52. The stock has a market capitalization of $87.52 million, a PE ratio of -0.90 and a beta of 2.35. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.00 and a current ratio of 1.00. The business’s fifty day moving average price is $7.93 and its two-hundred day moving average price is $6.93.
Navios Maritime Acquisition (NYSE:NNA) last announced its earnings results on Thursday, November 7th. The shipping company reported ($3.64) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.49) by ($3.15). Navios Maritime Acquisition had a negative return on equity of 14.23% and a negative net margin of 23.53%. The business had revenue of $53.59 million for the quarter. Analysts predict that Navios Maritime Acquisition will post -0.99 earnings per share for the current fiscal year.
About Navios Maritime Acquisition
Navios Maritime Acquisition Corporation provides marine transportation services worldwide. The company owns a fleet of crude oil, refined petroleum product, and chemical tankers. It charters its vessels to oil companies, refiners, and large vessel operators under long, medium, and short term charters.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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