Navios Maritime (NYSE:NM) announced its earnings results on Tuesday. The shipping company reported ($1.69) EPS for the quarter, missing the consensus estimate of $0.67 by ($2.36), MarketWatch Earnings reports. Navios Maritime had a negative net margin of 48.99% and a negative return on equity of 27.57%.
Navios Maritime stock traded down $1.01 during mid-day trading on Thursday, hitting $8.29. The company’s stock had a trading volume of 692,134 shares, compared to its average volume of 329,428. The firm’s 50 day moving average is $9.16 and its 200 day moving average is $4.64. The company has a market cap of $131.65 million, a PE ratio of -0.48 and a beta of 2.53. The company has a debt-to-equity ratio of 23.93, a current ratio of 0.75 and a quick ratio of 0.70. Navios Maritime has a 52-week low of $1.45 and a 52-week high of $15.42.
Navios Maritime Company Profile
Navios Maritime Holdings Inc operates as a seaborne shipping and logistics company in North America, Europe, Asia, South America, and internationally. It focuses on the transportation and transshipment of dry bulk commodities, including iron ores, coal, and grains. The company operates through two segments, Dry Bulk Vessel Operations and Logistics Business.
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