Navios Maritime Partners L.P (NYSE: NMM) is -1.87% lower on its value in year-to-date trading and has touched a low of $27.47 and a high of $65.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NMM stock was last observed hovering at around $43.55 in the last trading session, with the day’s loss setting it -1.07%.
Currently trading at $42.48, the stock is -3.97% and -10.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -2.46% at the moment leaves the stock -14.76% off its SMA200. NMM registered 45.88% gain for a year compared to 6-month loss of -14.58%. The firm has a 50-day simple moving average (SMA 50) of $47.3458 and a 200-day simple moving average (SMA200) of $49.83545.
The stock witnessed a -2.97% gain in the last 1 month and extending the period to 3 months gives it a -27.26%, and is -7.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.70% over the week and 3.77% over the month.
Current P/E ratio is 3.22 and Fwd P/E is 3.30. Profit margin for the company is 29.87%. Distance from 52-week low is 54.64% and -35.53% from its 52-week high. The company has generated returns on investments over the last 12 months (7.96%).
with sales reaching $283M over the same period.The EPS is expected to shrink by -8.51% this year, but quarterly earnings will post -8.71% year-over-year. Quarterly sales are estimated to shrink -13.52% in year-over-year returns.
Navios Maritime Partners L.P (NMM) Top Institutional Holders
The shares outstanding are 29.89M, and float is at 17.58M with Short Float at 2.06%.
The top institutional shareholder in the company is PINNACLE HOLDINGS, LLC with over 65554.0 shares valued at $3.35 million. The investor’s holdings represent 0.2172% of the NMM Shares outstanding.
Navios Maritime Partners L.P (NMM) Insider Activity
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