Navios Maritime Midstream Partners (NAP) Reaches New 1-Year Low at $3.11

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Navios Maritime Midstream Partners LP (NYSE:NAP) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $3.11 and last traded at $3.18, with a volume of 180239 shares traded. The stock had previously closed at $3.30.

Several research analysts recently issued reports on the stock. ValuEngine lowered shares of Navios Maritime Midstream Partners from a “sell” rating to a “strong sell” rating in a research report on Monday, July 2nd. Zacks Investment Research lowered shares of Navios Maritime Midstream Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, July 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $5.25.

The stock has a market capitalization of $70.53 million, a PE ratio of 4.59 and a beta of 1.09. The company has a debt-to-equity ratio of 0.89, a quick ratio of 7.00 and a current ratio of 7.00.

Navios Maritime Midstream Partners (NYSE:NAP) last announced its earnings results on Thursday, July 26th. The shipping company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.02). Navios Maritime Midstream Partners had a positive return on equity of 6.44% and a negative net margin of 17.05%. The company had revenue of $20.79 million during the quarter, compared to analysts’ expectations of $18.98 million. analysts expect that Navios Maritime Midstream Partners LP will post 0.63 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 14th. Investors of record on Monday, August 6th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, August 3rd. This represents a $0.50 annualized dividend and a yield of 15.58%. Navios Maritime Midstream Partners’s dividend payout ratio (DPR) is presently 71.43%.

Navios Maritime Midstream Partners Company Profile (NYSE:NAP)

Navios Maritime Midstream Partners L.P. owns, operates, and acquires crude oil tankers, refined petroleum product tankers, chemical tankers, and liquefied petroleum gas tankers. The company provides seaborne shipping services through its vessels under long-term employment contracts to international oil companies, refiners, and large vessel operators.

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