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Is Navios Maritime Acquisition Corporation (NNA) a Stock to Watch After Losing -8.14% This Week?

Tuesday, April 13, 2021 11:09 AM | InvestorsObserver Analysts

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Is Navios Maritime Acquisition Corporation (NNA) a Stock to Watch After Losing -8.14% This Week?

Navios Maritime Acquisition Corporation (NNA) stock is down 8.14% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,bearish
Navios Maritime Acquisition Corporation has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on NNA!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.

As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.

Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.

InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.

For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With NNA Stock Today?

Navios Maritime Acquisition Corporation (NNA) stock is down -4.75% while the S&P 500 is higher by 0.07% as of 10:57 AM on Tuesday, Apr 13. NNA is down -$0.18 from the previous closing price of $3.79 on volume of 31,695 shares. Over the past year the S&P 500 has gained 49.58% while NNA is down -17.20%. NNA earned $2.62 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.38.

To see the top 5 stocks in the Oil & Gas Midstream industry click here.

More About Navios Maritime Acquisition Corporation

Navios Maritime Acquisition Corporation owns and operates tanker vessels aimed at the transportation of petroleum products and bulk liquid chemicals. The company owns a fleet of modern crude oil, refined petroleum product and chemical tankers providing world-wide marine transportation services. It charters its vessels to international oil companies, refiners, and large vessel operators under long, medium and short-term charters. Navios Maritime generates the majority of its revenue by rendering its services in Asia, Europe, and the United States.

Click Here to get the full Stock Score Report on Navios Maritime Acquisition Corporation (NNA) Stock.

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