ValuEngine lowered shares of Navios Maritime Acquisition (NYSE:NNA) from a hold rating to a sell rating in a research report released on Thursday.
Separately, Zacks Investment Research raised Navios Maritime Acquisition from a sell rating to a hold rating in a research report on Friday, December 14th.
Shares of NYSE NNA traded down $0.30 during mid-day trading on Thursday, reaching $5.03. 73,600 shares of the company traded hands, compared to its average volume of 63,588. Navios Maritime Acquisition has a fifty-two week low of $2.90 and a fifty-two week high of $16.80. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market cap of $50.75 million, a price-to-earnings ratio of -2.79 and a beta of 1.83.
An institutional investor recently bought a new position in Navios Maritime Acquisition stock. Paloma Partners Management Co bought a new stake in Navios Maritime Acquisition Co. (NYSE:NNA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 401,899 shares of the shipping company’s stock, valued at approximately $245,000. Paloma Partners Management Co owned about 0.27% of Navios Maritime Acquisition as of its most recent SEC filing.
Navios Maritime Acquisition Company Profile
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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