NNA stock: buy or sell?
October 18th, 2019
Navios Maritime Acquisition Corporation provides marine transportation services worldwide. It owns a fleet of crude oil, refined petroleum product, and chemical tankers.
Should I buy NNA stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Navios Maritime Acquisition stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Navios Maritime Acquisition stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we found 1 rating published for NNA stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
NNA stock analysis
Shares of Navios Maritime Acquisition plunged a frightening -14.37% and closed at $8.94.
Navios Maritime Acquisition closed on Oct 18th at $8.94 and plunged a frightening -14.37%. On August NNA price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. On June, SMA100d and SMA200d crossed up triggering a rise of 46.08%.
After boosting an amazing 27.60% in a week last week, Navios Maritime Acquisition closed this week at $8.94 and plunged a scary -6.88%.
Price finally broke over the resistance at $6.55 and continued climbing. Since price and SMA40w lines crossed up late August, NNA climbed $3.45 (62.84%). Late May, SMA20w and SMA40w crossed up triggering a rise of 25.39%.
NNA stock price history
NNA IPO was on July 7th, 2008 at $62.55 per share1. Since then, NNA stock sliced a -85.70%, with a yearly average of -7.80%.
1: Adjusted price after possible price splits or reverse-splits.
NNA stock historical price chart
NNA stock reached 52-week highs on Tuesday at $11.52, and all-time highs 2009-12-22 with a price of 70.11.
NNA stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for Navios Maritime Acquisition stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareNavios Maritime Acquisition presented dazzling results for 2018-Q4 on February. Navios Maritime Acquisition climbed Earnings per Share (EPS) by 88.90%, beating experts of $-0.72. Navios Maritime Acquisition posted $-1.36.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a frightening correction of -17.31% to $187.95 M USD. Similarly, its profit margin (compared to revenues) collapsed to -45.96%, that is $-86.37 million.
|2013||$202 M||-||$-55.39 M-27.4%||-|
|2014||$265 M||30.87%||$13 M4.9%||-123.55%|
|2015||$313 M||18.32%||$90 M28.6%||587.80%|
|2016||$290 M||-7.39%||$63 M21.7%||-29.93%|
|2017||$227 M||-21.69%||$-78.90 M-34.7%||-225.48%|
|2018||$188 M||-17.31%||$-86.37 M-46.0%||9.47%|
Quarterly financial resultsNavios Maritime Acquisition posted $58.73 million in sales for 2018-Q4, a 41.21% up compared to previous quarter. Reported quarter income marked $-16.43 M with a profit margin of -27.98%. Profit margin skyrocketed a 28.31% compared to previous quarter when profit margin was -56.28%. When comparing turnover to same quarter last year, Navios Maritime Acquisition sales marked an amazing increase and rocketed a 16.69%. Looking back to recent quarterly results, Navios Maritime Acquisition posted 2 negative quarters in a row.
|2017-Q1||$64 M||-||$5.62 M8.7%||-|
|2017-Q2||$58 M||-9.34%||$-64.42 M-110.2%||-1,246.26%|
|2017-Q3||$54 M||-7.59%||$-8.11 M-15.0%||-87.42%|
|2017-Q4||$50 M||-6.84%||$-11.99 M-23.8%||47.96%|
|2018-Q1||$46 M||-8.30%||$-24.47 M-53.0%||104.02%|
|2018-Q2||$41 M||-10.12%||$-22.07 M-53.2%||-9.80%|
|2018-Q3||$42 M||0.27%||$-23.41 M-56.3%||6.07%|
|2018-Q4||$59 M||41.21%||$-16.43 M-28.0%||-29.81%|
Navios Maritime Acquisition ownershipWhen you are planning to invest in a stock, it's always worth to overview its ownership structure.
Navios Maritime Acquisition shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 25.07% of all shares.
In case of Navios Maritime Acquisition stock, 2.04% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NNA stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Navios Maritime Acquisition:
|Market cap||$122.7 M|
|Total shares||13.7 M|
|Float shares||7.4 M|
|- Institutional holdings (%)||2.0%|
|- Insider holdings (%)||25.1%|
|Shares in short selling||0.0%|
|Friday, October 18th, 2019|
|Day range||$8.00 - $9.10|
|Average true range||$1.03|
|50d mov avg||$6.93|
|100d mov avg||$6.52|
|200d mov avg||$6.24|
Navios Maritime Acquisition performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose as the bechmarking frame for Navios Maritime Acquisition stock.
|NNANavios Maritime A...||43.50%||29.75%||72.59%|