Navios Maritime Acquisition (NNA) Earns Neutral Rating from JPMorgan Chase & Co

Lloyd Doyle
January 23, 2018

Let's have a look at recent traded volume and some historical average volume information. Navios Maritime Acquisition Corp (NYSE:NNA)'s ATR-14 is at 0.04, while its weekly volatility is at 6.02% and monthly volatility is at 3.29%. It has underperformed by 11.24% the S&P500. A reading between 0 and -20 would indicate an overbought situation. The Mean Recommendation is the average rating on a stock by the analyst community. The firm earned "Hold" rating on Thursday, July 27 by Stifel Nicolaus. Its up 2.3% from 525,600 shares previously. The rating was downgraded by Wells Fargo to "Market Perform" on Tuesday, August 18. The firm has "Neutral" rating by Goldman Sachs given on Wednesday, April 26. A stock rating will usually tell the investor how well a stock's market value relates to what analysts believe is a fair value for the stock, based on an objective evaluation of the company.

Among 8 analysts covering Navios Maritime Partners (NYSE:NMM), 2 have Buy rating, 1 Sell and 5 Hold. The company was maintained on Thursday, June 22 by Stifel Nicolaus.

The risk here is that the stock cannot break through the approaching technical resistance which could mean the current strength could flip.

From another technical standpoint, Navios Maritime Acquisition Corporation (NYSE:NNA)'s 14-day Relative Strength Index (RSI) has reached 22.8, putting it inside a neutral zone. Jefferies has "Buy" rating and $200 target. Navios Maritime Acquisition had a positive return on equity of 2.08% and a negative net margin of 19.94%. Barclays Pcl has invested 0% in Navios Maritime Midstream Partners L.P. (NYSE:NAP). The rating was maintained by Macquarie Research on Wednesday, October 12 with "Outperform".

It is down 0.00% since January 23, 2017 and is. Its down 0.51, from 1.31 in 2017Q2.

In recent trade; Navios Maritime Partners L.P. (NMM) snatched the consideration from Investors, when its current beneficial picture was seen that is promoting good health. California Public Employees Retirement System raised its position in Navios Maritime Holdings by 3.2% in the second quarter. Morgan Stanley reported 97,960 shares stake. Hedge funds and other institutional investors own 15.31% of the company's stock. Bnp Paribas Arbitrage Sa invested in 0% or 6,286 shares. Spark Investment Management Llc owns 438,500 shares or 0.03% of their USA portfolio. First Heartland Consultants has invested 0.01% in Navios Maritime Acquisition Corporation (NYSE:NNA). Navios Maritime Acquisition Corporation (NYSE:NNA)'s short interest is 1.45 million shares, or 2.09% of the float. Tower Limited Liability (Trc) invested in 0% or 1,440 shares. Switzerland-based Credit Suisse Ag has invested 0% in Navios Maritime Acquisition Corporation (NYSE:NNA). NMM's profit would be $3.02 million giving it 28.75 P/E if the $0.02 EPS is correct. 7,368 are held by Ameritas Incorporated.

Navios Maritime Acquisition (NYSE:NNA) last posted its quarterly earnings results on Thursday, November 2nd.

Navios Maritime Partners L.P. (NMM)'s bearish picture have been built after taking the consideration of last five trading activity. Finally, JPMorgan Chase & Co. lifted its stake in Navios Maritime Partners by 17.6% in the 3rd quarter. Gillespie Robinson & Grimm owns 429,205 shares for 3.42% of their portfolio.

Navios Maritime Acquisition Corporation is an global shipping company. The company had revenue of $46.99 million for the quarter, compared to analyst estimates of $44.81 million.

Navios Maritime Midstream Partners L.P. owns, operates, and acquires crude oil tankers, refined petroleum product tankers, chemical tankers, and liquefied petroleum gas tankers. It now has negative earnings. The firm offers seaborne transportation services for a range of dry cargo commodities, including iron ore, coal, grain, and fertilizers, as well as charters its vessels under medium to long-term charters. Vanguard Group Inc. now owns 164,307 shares of the shipping company's stock valued at $242,000 after purchasing an additional 3,730 shares in the last quarter. About 117,737 shares traded. The company has market cap of $. It has a 12.97 P/E ratio. The Company's marketing services business provides solutions for clients on multiple channels, including broadcast, online, and OTT.

Recently, analysts have updated the overall rating to 2.5.

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