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Navios Maritime Midstream (NAP) Crumbles: Stock Falls by 6.1%

Navios Maritime Midstream Partners L.P.NAP saw a big move last session, as the company's shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for NAP, as the stock is now down nearly 17% in the past one-month time frame.

This company in the Transport - Shipping space has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (no increases, no decreases), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

NAP currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the same sector is Dorian LPG Ltd. LPG , holding a Zacks Rank #1 (Strong Buy).

Is NAP going up? Or down? Predict to see what others think: Up or Down

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NAVIOS MARITIME (NAP): Free Stock Analysis Report

DORIAN LPG LTD (LPG): 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 Nasdaq, Inc.


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

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