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Navios Maritime Acquisition Corporation (NNA): The stock short term indicators scream Sell today

How have the shares performed?

Navios Maritime Acquisition Corporation (NNA) saw an uptrend of 7.71% in the recent trading with $4.05 being its most recent. The current price level -33.61% lower than the highest price of $6.10 marked by the stock while trading over the past 52-weeks, whereas it is 35.00% higher than the lowest price of $3.00 the company dropped to over past 52-weeks. The latest news story on NNA appeared in Zacks under the title “Is Navios Maritime Partners (NMM) Stock Outpacing Its Transportation Peers This Year?” on May-26-21.


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Looking into the simple moving average, Navios Maritime Acquisition Corporation (NNA)’s stock stands at a SMA-50 of $3.58 while that of 5-day is reading $3.87.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and NNA’s SMA-200 as of now is $3.92.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 2 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.

Navios Maritime Acquisition Corporation Earnings – What Happened With NNA

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Navios Maritime Acquisition Corporation (NNA) last released financial results for the quarter that ended 12/30/2020, posting a surprise factor of 10.30% for net revenue.

NNA – Navios Maritime Acquisition Corporation Stock Earnings Estimates

The perspective of Navios Maritime Acquisition Corporation (NYSE:NNA)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.29 for stock’s EPS in the current quarter. 1 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.26.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 16.44 million. NNA does have institutional investors; and they hold 4.60% of the stock.

Navios Maritime Acquisition Corporation – Insider Activity and Holdings

As on Mar 30, 2021, Arrowstreet Capital, Limited Partnership was the top most holder in Navios Maritime Acquisition Corporation (NYSE:NNA) with an ownership of 0.22 million shares of the company or 1.31% of the stake worth $0.88 million. The filing also reveals Bridgeway Capital Management, Inc. as the second largest holder in the company with a control over 0.71% of the outstanding shares. Its stake is worth $0.47 million for having 0.12 million shares in hand.

Dimensional Fund Advisors LP also came holding a key position in the company during the recent quarter and it now holds 0.35% of the outstanding shares. With this there are now 33 institutions which have possession in NNA’s shares.

Currently, the stock has been recommended as Hold by 2 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Navios Maritime Acquisition Corporation was 0.17 while posting a debt to equity ratio of 3.26. The count was 131.35 for long-term debt to equity ratio.

Navios Maritime Acquisition Corporation’s return on equity, or ROE, is 8.40%, compared to the industry average of -3.78% for Energy – Oil & Gas Midstream. Although this indicates that NNA uses its equity well, the metric will vary significantly depending on the industry.

Technical Analysis of Navios Maritime Acquisition Corporation (NYSE:NNA) stock

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To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Navios Maritime Acquisition Corporation (NNA), we notice that the stock’s 20-day average volume is at 223,340 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 203,968 shares. And to end, NNA’s 100-day average volume is 202,973 shares with 50% of the long-term indicators pointing towards Buy for the stock.

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