ValuEngine lowered shares of Navios Maritime Midstream Partners (NYSE:NAP) from a sell rating to a strong sell rating in a research note published on Monday morning.
NAP has been the topic of several other research reports. JPMorgan Chase & Co. lowered Navios Maritime Midstream Partners from a neutral rating to an underweight rating and set a $7.00 price objective on the stock. in a research note on Friday, March 23rd. TheStreet lowered Navios Maritime Midstream Partners from a c rating to a d+ rating in a research note on Monday, May 7th. Citigroup dropped their price objective on Navios Maritime Midstream Partners from $6.50 to $4.50 and set a neutral rating on the stock in a research note on Friday, May 4th. Finally, Zacks Investment Research upgraded Navios Maritime Midstream Partners from a sell rating to a hold rating in a research note on Wednesday, April 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $5.25.
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NYSE:NAP opened at $3.60 on Monday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 5.88 and a current ratio of 5.88. The company has a market capitalization of $80.15 million, a price-to-earnings ratio of 5.14 and a beta of 1.19. Navios Maritime Midstream Partners has a 12-month low of $3.26 and a 12-month high of $10.70.
Navios Maritime Midstream Partners (NYSE:NAP) last released its quarterly earnings data on Thursday, May 3rd. The shipping company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.05). The business had revenue of $19.78 million during the quarter, compared to the consensus estimate of $19.45 million. Navios Maritime Midstream Partners had a negative net margin of 20.37% and a positive return on equity of 5.21%. equities research analysts predict that Navios Maritime Midstream Partners will post 0.69 EPS for the current fiscal year.
An institutional investor recently raised its position in Navios Maritime Midstream Partners stock. Virtu Financial LLC lifted its position in shares of Navios Maritime Midstream Partners LP (NYSE:NAP) by 139.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,693 shares of the shipping company’s stock after purchasing an additional 20,183 shares during the period. Virtu Financial LLC owned 0.16% of Navios Maritime Midstream Partners worth $330,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 6.76% of the company’s stock.
Navios Maritime Midstream Partners Company Profile
Navios Maritime Midstream Partners L.P. owns, operates, and acquires crude oil tankers, refined petroleum product tankers, chemical tankers, and liquefied petroleum gas tankers. The company provides seaborne shipping services through its vessels under long-term employment contracts to international oil companies, refiners, and large vessel operators.
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