U.S. Markets closed
  • S&P 500

    4,128.80
    +31.63 (+0.77%)
     
  • Dow 30

    33,800.60
    +297.00 (+0.89%)
     
  • Nasdaq

    13,900.19
    +211.39 (+1.54%)
     
  • Russell 2000

    2,243.47
    +20.42 (+0.92%)
     
  • Crude Oil

    59.34
    +0.02 (+0.03%)
     
  • Gold

    1,744.10
    -0.70 (-0.04%)
     
  • Silver

    25.33
    0.00 (0.00%)
     
  • EUR/USD

    1.1905
    +0.0031 (+0.2619%)
     
  • 10-Yr Bond

    1.6660
    +0.0340 (+2.08%)
     
  • Vix

    16.69
    -0.47 (-2.74%)
     
  • GBP/USD

    1.3708
    -0.0029 (-0.2138%)
     
  • USD/JPY

    109.6300
    -0.2000 (-0.1821%)
     
  • BTC-USD

    59,810.85
    +63.41 (+0.11%)
     
  • CMC Crypto 200

    1,235.89
    +45.20 (+3.80%)
     
  • FTSE 100

    6,915.75
    +30.43 (+0.44%)
     
  • Nikkei 225

    29,768.06
    +37.26 (+0.13%)
     

Navios Maritime (NMM) Looks Good: Stock Adds 8% in Session

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Zacks Equity Research
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Navios Maritime Partners L.P. NMM was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.This continues the recent uptrend for the company—as the stock is now up 30.2% in the past one-month time frame.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Navios Maritime. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Navios Maritime has a Zacks Rank #2 (Buy) while its Earnings ESP  is 0.00%.

Navios Maritime Partners LP Price

Navios Maritime Partners LP Price
Navios Maritime Partners LP Price

 Navios Maritime Partners LP Quote

Investors interested in the Transportation - Shipping industry may consider Orient Overseas International Ltd. OROVY which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

 

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.4% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>


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
 
Navios Maritime Partners LP (NMM) : Free Stock Analysis Report
 
Orient Overseas International Ltd. (OROVY) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research