The market has been high on Navios Maritime Acquisition Corporation (NNA) stock recently. NNA gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With NNA Stock Today?
Navios Maritime Acquisition Corporation (NNA) stock has fallen -4.25% while the S&P 500 is up 1.05% as of 1:09 PM on Monday, May 24. NNA is down -$0.17 from the previous closing price of $4.00 on volume of 105,024 shares. Over the past year the S&P 500 is up 40.37% while NNA is down -30.24%. NNA earned $1.70 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.26.
To screen for more stocks like Navios Maritime Acquisition Corporation 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.
