Navios Maritime Partners L.P. (NYSE:NMM) is scheduled to release its earnings data on Wednesday, July 27th. Analysts expect Navios Maritime Partners L.P. to post earnings of $0.05 per share for the quarter.
Navios Maritime Partners L.P. (NYSE:NMM) traded down 1.99% during midday trading on Tuesday, reaching $1.48. The company’s stock had a trading volume of 277,408 shares. Navios Maritime Partners L.P. has a 12-month low of $0.79 and a 12-month high of $11.10. The firm has a market cap of $125.47 million and a price-to-earnings ratio of 4.03. The company’s 50-day moving average is $1.37 and its 200 day moving average is $1.46.
Several equities analysts have commented on NMM shares. Jefferies Group decreased their price target on shares of Navios Maritime Partners L.P. from $18.00 to $8.50 in a research report on Tuesday, April 12th. Zacks Investment Research raised shares of Navios Maritime Partners L.P. from a “sell” rating to a “hold” rating in a research report on Wednesday, April 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. Navios Maritime Partners L.P. has a consensus rating of “Hold” and a consensus target price of $5.05.
Navios Maritime Partners L.P. (Navios Partners) is an international owner and operator of dry bulk and container vessels formed by Navios Holdings, which is a vertically integrated seaborne shipping company. The Company is engaged in the seaborne transportation services of a range of dry cargo commodities, including iron ore, coal, grain, fertilizer and also containers, chartering its vessels under medium to long-term charters.
