ValuEngine upgraded shares of Navios Maritime Midstream Partners (NYSE:NAP) from a strong sell rating to a sell rating in a research report report published on Thursday morning.
Separately, Zacks Investment Research raised Navios Maritime Midstream Partners from a sell rating to a hold rating in a research note on Tuesday, August 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Navios Maritime Midstream Partners presently has a consensus rating of Hold and an average target price of $5.25.
Shares of NAP stock traded up $0.17 on Thursday, hitting $2.97. The company had a trading volume of 141,400 shares, compared to its average volume of 152,773. The stock has a market cap of $53.01 million, a price-to-earnings ratio of 4.24 and a beta of 1.10. The company has a current ratio of 7.00, a quick ratio of 7.00 and a debt-to-equity ratio of 0.89. Navios Maritime Midstream Partners has a twelve month low of $2.23 and a twelve month high of $10.40.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 14th. Stockholders of record on Thursday, November 8th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, November 7th. This represents a $0.50 annualized dividend and a dividend yield of 16.84%. Navios Maritime Midstream Partners’s payout ratio is 71.43%.
Navios Maritime Midstream Partners Company Profile
Navios Maritime Midstream Partners L.P. owns, operates, and acquires crude oil tankers, refined petroleum product tankers, chemical tankers, and liquefied petroleum gas tankers. The company provides seaborne shipping services through its vessels under long-term employment contracts to international oil companies, refiners, and large vessel operators.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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