|Bid||20.93 x 1100|
|Ask||25.99 x 900|
|Day's Range||24.00 - 25.46|
|52 Week Range||12.25 - 36.46|
|Beta (5Y Monthly)||2.42|
|PE Ratio (TTM)||1.98|
|Earnings Date||Mar 22, 2022 - Mar 28, 2022|
|Forward Dividend & Yield||0.20 (0.80%)|
|Ex-Dividend Date||Nov 05, 2021|
|1y Target Est||43.99|
The shipping industry includes companies that transport cargo around the world, from grains to apparel to electronics to appliances. The shipping industry has a significant mismatch between supply and demand, caused by global supply chains that have been strained amid the pandemic. In the past year, the shipping industry has underperformed the broader market.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors need to pay close attention to Navios Maritime (NMM) stock based on the movements in the options market lately.