On Friday, Navios Maritime Partners L.P (NYSE: NMM) opened lower -10.41% from the last session, before settling in for the closing price of $35.06. Price fluctuations for NMM have ranged from $35.00 to $65.89 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 59.53%. Company’s average yearly earnings per share was noted -10.05% at the time writing. With a float of $15.98 million, this company’s outstanding shares have now reached $29.69 million.
In terms of profitability, gross margin is 70.53%, operating margin of 37.97%, and the pretax margin is 27.53%.
Navios Maritime Partners L.P (NMM) Insider Updates
A key investor’s attitude towards the stock of the Marine Shipping industry is another important factor to consider. The insider ownership of Navios Maritime Partners L.P is 45.80%, while institutional ownership is 31.00%.
Navios Maritime Partners L.P (NMM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -10.05% per share during the next fiscal year.
Navios Maritime Partners L.P (NYSE: NMM) Trading Performance Indicators
Check out the current performance indicators for Navios Maritime Partners L.P (NMM). In the past quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 4.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.99, a number that is poised to hit 1.52 in the next quarter and is forecasted to reach 12.07 in one year’s time.
Technical Analysis of Navios Maritime Partners L.P (NMM)
The latest stats from [Navios Maritime Partners L.P, NMM] show that its last 5-days average volume of 0.21 million was superior to 0.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 23.76%. Additionally, its Average True Range was 1.82.
During the past 100 days, Navios Maritime Partners L.P’s (NMM) raw stochastic average was set at 6.71%, which indicates a significant decrease from 13.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.48% in the past 14 days, which was higher than the 42.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.13, while its 200-day Moving Average is $48.55. Now, the first resistance to watch is $32.68. This is followed by the second major resistance level at $33.94. The third major resistance level sits at $35.39. If the price goes on to break the first support level at $29.97, it is likely to go to the next support level at $28.52. Assuming the price breaks the second support level, the third support level stands at $27.26.
Navios Maritime Partners L.P (NYSE: NMM) Key Stats
There are currently 29,694K shares outstanding in the company with a market cap of 926.20 million. Presently, the company’s annual sales total 1,334 M according to its annual income of 367,310 K. Last quarter, the company’s sales amounted to 332,520 K and its income totaled 94,720 K.
