Navios Maritime Acquisition (NNA) Jumps: Stock Rises 6.6% - Tale of the Tape

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Navios Maritime Acquisition Corp. ( NNA ) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.34 to $4.50 since Dec 23.

The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past 30 days, while the Zacks Consensus Estimate has not been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Navios Maritime Acquisition currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

Other shipping stocks worth consideration include Teekay LNG Partners LP. ( TGP ), Diana Containerships Inc. ( DCIX ) and Paragon Shipping Inc. ( PRGN ). All these have a Zacks Rank #1 (Strong Buy).

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DIANA CONTAINER (DCIX): Free Stock Analysis Report

NAVIOS MARI ACQ (NNA): Free Stock Analysis Report

PARAGON SHIPPNG (PRGN): Free Stock Analysis Report

TEEKAY LNG PTNR (TGP): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: DCIX , NNA , PRGN , TGP

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57,375,820
  • $16.20 ▼ 0.80%
46,357,695
  • $102.13 ▲ 1.23%
39,856,106
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36,749,915
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35,094,671
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25,538,058
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24,241,250
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22,422,839
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As of 8/27/2014, 04:02 PM

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