Navios Maritime Acquisition (NYSE:NNA) released its quarterly earnings data on Thursday. The shipping company reported ($3.64) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.49) by ($3.15), Fidelity Earnings reports. The business had revenue of $53.59 million during the quarter. Navios Maritime Acquisition had a negative return on equity of 14.23% and a negative net margin of 23.53%.
Shares of NYSE NNA traded down $0.11 during mid-day trading on Friday, reaching $6.82. The company’s stock had a trading volume of 260,425 shares, compared to its average volume of 92,659. The firm has a market capitalization of $87.52 million, a PE ratio of -0.90 and a beta of 2.35. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a fifty day moving average of $7.93 and a two-hundred day moving average of $6.93. Navios Maritime Acquisition has a 52 week low of $2.90 and a 52 week high of $11.52.
Separately, ValuEngine raised Navios Maritime Acquisition from a “buy” rating to a “strong-buy” rating in a research note on Thursday.
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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