Zacks Investment Research upgraded shares of Navios Maritime Acquisition (NYSE: NNA) from a rating to a hold of a report released on Thursday, December 28th.
According to Zacks, Navios Maritime Acquisition Corporation provides marine transportation services. It is an owner and operator of tanker vessels in the transportation of petroleum products and bulk liquid chemicals. The company focuses on chartering its vessels to international oil companies, refiners, and tank operators under long, medium, and short-term charters. Navios Maritime Acquisition Corporation is headquartered in Piraeus, Greece. ”
Several other research firms also recently weighed in on NNA. Stifel Nicolaus set a $ 2.00 navios Maritime Acquisition and gave the company a buy rating on a report on Sunday, October 29th. ValuEngine downgraded shares of Navios Maritime Acquisition from a buy rating to a hold of a report on Friday, September 1st. Three analysts have rated the stock with a hold. Navios Maritime Acquisition currently has an average rating of $ 1.63. Shares of Navios Maritime Acquisition ( NYSE: NNA ) opened at $ 1.10 on Thursday. The stock has a market cap of $ 165.39, a P / E ratio of -3.55 and a beta of 1.60. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.12. Navios Maritime Acquisition has a 1-year low of $ 1.06 and a 1-year high of $ 2.11. Several institutional investors have recently added their stakes in NNA. Northern Trust Corp lifted its position in Navios Maritime Acquisition by 124.4% in the second quarter. Northern Trust Corp. now owns 2,315,549 shares of the shipping company’s stock value at $ 3,404,000 after acquiring an additional 1,283,455 shares during the last quarter. Stifel Financial Corp lifted its position in Navios Maritime Acquisition by 53.6% in the second quarter. Stifel Financial Corp. now owns 1,119,934 shares of the shipping company’s stock valued at $ 1,638,000 after acquiring an additional 390,870 shares during the last quarter. Chicago Equity Partners LLC acquired a new position in Navios Maritime Acquisition in the second quarter valued at $ 470,000. California Public Employees Retirement System in Navios Maritime Acquisition by 71.3% in the third quarter. California Public Employees Retirement System now owns 286,854 shares of the shipping company’s stock value at $ 350,000 after purchasing an additional 119,354 shares during the period. Finally, Macquarie Group Ltd. Maritime Life Acquisition in the third quarter at $ 124,000. 19.09% of the stock is owned by institutional investors and hedge funds.
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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. The Company charters its vessels to international oil companies, refiners and traders, long and medium-term charterers.
Naval Maritime Acquisition (NNA)
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