Why Navios Maritime Partners Is Trading Higher Today


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Navios Maritime Partners's Stock Price And Volume Action

Navios Maritime Partners (NYSE:NMM) is currently up 3.75% to a price of $11.54. Friday the stock has been traded at a volume of 99.78 thousand, about 69.85% of its recent 30-day volume average of 142.84 thousand.

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Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Navios Maritime Partners shares are trading higher after Jefferies upgraded the stock from Hold to Buy and raised its price target from $7.5 to $15.

Further Analysis of Recent Price Action

The stock's 50-day moving average was $8.1 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $18.0 and fallen to a low of $4.08.

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: MoversTrading IdeasBZI-WIIM