Back to top

Navios Maritime Acquisition (NNA) Jumps: Stock Rises 6.6%
January 17, 2014

Read MoreHide Full Article
Navios Maritime Acquisition Corp. ((NNA - Free Report) ) 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 - Free Report) ), Diana Containerships Inc. () and Paragon Shipping Inc. (). All these have a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Navios Maritime Acquisition Corporation (NNA) - free report >>

Teekay LNG Partners L.P. (TGP) - free report >>

More from Zacks Tale of the Tape

You May Like