Navios Maritime Acquisition Corp (NNA) Announces Quarterly Results
Navios Maritime Acquisition Corp (NYSE:NNA) released its earnings data on Tuesday. The company reported ($0.01) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.01), Analyst Ratings Net reports. The company had revenue of $62.20 million for the quarter, compared to the consensus estimate of $63.09 million.
On the ratings front, analysts at Canaccord Genuity initiated coverage on shares of Navios Maritime Acquisition Corp in a research note on Tuesday, July 8th. They set a “hold” rating and a $3.75 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $31.37.
Navios Maritime Acquisition Corp (NYSE:NNA) opened at 3.41 on Tuesday. Navios Maritime Acquisition Corp has a 52-week low of $2.98 and a 52-week high of $4.95. The stock’s 50-day moving average is $3.38 and its 200-day moving average is $3.64. The company’s market cap is $517.2 million.
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