Navios Maritime Holdings Inc. (NM) Stock: What Does the Chart Say Monday?

Monday, October 23, 2023 10:39 AM | InvestorsObserver Analysts

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Navios Maritime Holdings Inc. (NM) Stock: What Does the Chart Say Monday?

Navios Maritime Holdings Inc. (NM) stock is up 17.55% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Navios Maritime Holdings Inc. has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on NM!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 NM Stock Today?

Navios Maritime Holdings Inc. (NM) stock has gained 17.24% while the S&P 500 is lower by -0.27% as of 10:34 AM on Monday, Oct 23. NM is up $0.32 from the previous closing price of $1.89 on volume of 674,640 shares. Over the past year the S&P 500 is up 10.94% while NM is up 15.10%. NM earned $1.74 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.27. To see InvestorsObserver's Sentiment Score for Navios Maritime Holdings Inc. click here.

More About Navios Maritime Holdings Inc.

Navios Maritime Holdings Inc is a shipping company which provides transportation, trading, storage, and logistics services for bulk cargoes. It operates a diverse portfolio of Capesize, Panamax, ultra-handymax and handy size bulk carriers. The company has two reportable segments namely the Dry Bulk Vessel Operations segment, the Logistics Business segment. Geographically, the company generates a majority of its revenue from South America. Click Here to get the full Stock Report for Navios Maritime Holdings Inc. stock.