Navios Maritime Acquisition (NNA) Jumps: Stock Rises 6.6% - Tale of the Tape

Navios Maritime Acquisition Corp. (NNA) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.34 to $4.50 since Dec 23.

The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past 30 days, while the Zacks Consensus Estimate has not been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Navios Maritime Acquisition currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

Other shipping stocks worth consideration include Teekay LNG Partners LP. (TGP), Diana Containerships Inc. (DCIX) and Paragon Shipping Inc. (PRGN). All these have a Zacks Rank #1 (Strong Buy).

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NAVIOS MARI ACQ (NNA): Free Stock Analysis Report

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