Navios Maritime Midstream (NAP) Crumbles: Stock Falls by 6.1%
Navios Maritime Midstream Partners L.P. NAP saw a big move last session, as the company’s shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for NAP, as the stock is now down nearly 17% in the past one-month time frame.
This company in the Transport – Shipping space has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (no increases, no decreases), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
NAP currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the same sector is Dorian LPG Ltd. LPG, holding a Zacks Rank #1 (Strong Buy).
Is NAP going up? Or down? Predict to see what others think: Up or Down
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NAVIOS MARITIME (NAP): Free Stock Analysis Report
DORIAN LPG LTD (LPG): Free Stock Analysis Report
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