Navios Maritime Acquisition (NYSE:NNA) posted its quarterly earnings results on Thursday. The shipping company reported ($3.64) EPS for the quarter, missing the consensus estimate 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 net margin of 23.53% and a negative return on equity of 14.23%.
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Shares of NNA traded down $0.11 during mid-day trading on Friday, hitting $6.82. The company’s stock had a trading volume of 260,425 shares, compared to its average volume of 92,659. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.07. The firm has a 50-day simple moving average of $7.93 and a 200 day simple moving average of $6.93. The firm has a market capitalization of $87.52 million, a P/E ratio of -0.90 and a beta of 2.35. Navios Maritime Acquisition has a 1-year low of $2.90 and a 1-year high of $11.52.
Separately, ValuEngine raised Navios Maritime Acquisition from a “buy” rating to a “strong-buy” rating in a report on Thursday.
About Navios Maritime Acquisition
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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