The company's 50-day moving average is $10.06 and its 200-day moving average is $10.92.
Navios Maritime Midstream Partners LP (NYSE:NAP) has been assigned an average recommendation of "Hold" from the five research firms that are presently covering the company, Marketbeat Ratings reports. BidaskClub upgraded Navios Maritime Partners from a "sell" rating to a "hold" rating in a research report on Wednesday, August 2nd.
Navios Maritime Midstream Partners L.P. (Navios Midstream) is a holding company. Navios Maritime Midstream Partners's quarterly revenue was down 18.5% compared to the same quarter a year ago. It engages in the seaborne transportation services of drybulk commodities including iron ore, coal, grains, fertilizers and chartering of its vessels under medium to long-term charters. Stifel Nicolaus restated a "hold" rating and set a $2.25 target price on shares of Navios Maritime Partners in a research report on Friday, June 23rd. The shipping company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.13. (NYSE:NM). According to the most recently released broker notes, 0 analysts have a rating of "strong buy" on the stock, 1 analysts "buy", 1 analysts "neutral", 0 analysts "sell" and 2 analysts "strong sell".
Navios Maritime Midstream Partners (NYSE:NAP) last posted its quarterly earnings data on Wednesday, July 26th. The company had revenue of $95.30 million for the quarter, compared to the consensus estimate of $104.31 million. Navios Maritime Partners had a positive return on equity of 2.67% and a negative net margin of 19.50%. Navios Maritime Holdings Inc. has a 52-week low of 0.86 and a 52-week high of 2.40. The stock has "Buy" rating by Jefferies on Monday, July 10. Navios Maritime Midstream Partners earned a news sentiment score of 0.02 on Accern's scale.
Turning to Navios Maritime Partners L.P. (NYSE:NMM), its shares were trading at $1.95 a gain of $0.11, on the trading floor. Navios Maritime Partners L.P. (NYSE:NMM) has risen 34.33% since August 8, 2016 and is uptrending. On November 3 the company was downgraded from "Buy" to "Neutral" with a current price target of $7.00 by Citigroup. This price movement gives investors an idea of how much the stock price has moved in the past year and whether it is trading near the top, middle or bottom of the range. Moreover, Eagle Global Advisors Llc has 0.19% invested in the company for 634,200 shares.
Navios Maritime Partners L.P. (Navios Partners), launched on August 7, 2007, is an worldwide owner and operator of dry cargo and container vessels. Acrospire Investment Management LLC increased its position in shares of Navios Maritime Acquisition Corporation by 102.0% in the first quarter. Bank of New York Mellon Corp acquired a new stake in shares of Navios Maritime Holdings during the second quarter valued at approximately $341,000. Royce & Associates LP now owns 1,606,349 shares of the shipping company's stock worth $2,201,000 after buying an additional 35,000 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Navios Maritime Holdings by 254.4% in the first quarter. Acrospire Investment Management LLC now owns 861,065 shares of the shipping company's stock worth $1,481,000 after buying an additional 434,850 shares in the last quarter. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of December 31, 2016, Navios Partners controlled 12 Panamax vessels, nine Capesize vessels, three Ultra-Handymax vessels and seven container vessels. The Company charters its vessels to worldwide oil companies, refiners and vessel operators under long, medium and short-term charters.