Navios Maritime Acquisition (NNA) Earning Somewhat Positive Press Coverage, Report Shows

News articles about Navios Maritime Acquisition (NYSE:NNA) have trended somewhat positive on Sunday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Navios Maritime Acquisition earned a news impact score of 0.07 on Accern’s scale. Accern also assigned press coverage about the shipping company an impact score of 47.0857557446122 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of NNA stock traded down $0.02 during trading hours on Friday, reaching $0.56. 133,968 shares of the stock traded hands, compared to its average volume of 190,504. Navios Maritime Acquisition has a 1-year low of $0.53 and a 1-year high of $1.39. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.74 and a quick ratio of 1.74. The firm has a market capitalization of $87.21 million, a P/E ratio of -4.69 and a beta of 0.81.

Navios Maritime Acquisition (NYSE:NNA) last released its quarterly earnings data on Thursday, May 10th. The shipping company reported ($0.11) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.01. The firm had revenue of $40.32 million for the quarter, compared to analyst estimates of $38.68 million. Navios Maritime Acquisition had a negative net margin of 52.11% and a negative return on equity of 9.11%. sell-side analysts predict that Navios Maritime Acquisition will post -0.37 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on NNA shares. ValuEngine lowered shares of Navios Maritime Acquisition from a “hold” rating to a “sell” rating in a report on Monday, July 2nd. JPMorgan Chase & Co. lowered shares of Navios Maritime Acquisition from a “neutral” rating to an “underweight” rating in a report on Friday, April 20th. Finally, Zacks Investment Research lowered shares of Navios Maritime Acquisition from a “hold” rating to a “sell” rating in a report on Thursday, July 12th.

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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