Navios Maritime (NYSE:NM) Trading Up 0.2%

Navios Maritime Holdings Inc. (NYSE:NM)’s share price was up 0.2% during mid-day trading on Friday . The stock traded as high as $5.24 and last traded at $5.09, approximately 2,626 shares were traded during mid-day trading. A decline of 96% from the average daily volume of 70,911 shares. The stock had previously closed at $5.08.

Several research analysts have recently issued reports on NM shares. Zacks Investment Research raised York Water from a “sell” rating to a “hold” rating in a research note on Saturday, June 1st. ValuEngine raised Yirendai from a “strong sell” rating to a “sell” rating in a research note on Friday, May 3rd.

The company’s 50 day moving average is $3.81. The company has a current ratio of 0.72, a quick ratio of 0.65 and a debt-to-equity ratio of 4.07. The stock has a market capitalization of $53.18 million, a P/E ratio of -0.75 and a beta of 3.02.

Navios Maritime (NYSE:NM) last released its quarterly earnings data on Tuesday, May 28th. The shipping company reported ($0.19) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($2.76) by $2.57. Navios Maritime had a negative return on equity of 11.37% and a negative net margin of 44.04%. The company had revenue of $140.28 million during the quarter, compared to the consensus estimate of $150.57 million.

About Navios Maritime (NYSE:NM)

Navios Maritime Holdings Inc operates as a seaborne shipping and logistics company in North America, Europe, Asia, South America, and internationally. The company focuses on the transportation and transshipment of dry bulk commodities, including iron ores, coal, and grains. It operates through three segments: Dry Bulk Vessel Operations, Logistics Business, and Containers Business.

Further Reading: What is Considered a Good Return on Equity (ROE)?

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