Navios Maritime Midstream Partners LP (NYSE:NAP)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as $3.25 and last traded at $3.45, with a volume of 2000 shares trading hands. The stock had previously closed at $3.27.

A number of equities analysts recently commented on NAP shares. Citigroup dropped their price target on Navios Maritime Midstream Partners from $8.50 to $6.50 and set a “neutral” rating for the company in a research note on Tuesday, March 27th. Zacks Investment Research lowered Navios Maritime Midstream Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, April 4th. JPMorgan Chase & Co. lowered Navios Maritime Midstream Partners from a “neutral” rating to an “underweight” rating and set a $7.00 price target for the company. in a research note on Friday, March 23rd. ValuEngine lowered Navios Maritime Midstream Partners from a “sell” rating to a “strong sell” rating in a research note on Monday, July 2nd. Finally, TheStreet lowered Navios Maritime Midstream Partners from a “c” rating to a “d+” rating in a research note on Monday, May 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $5.25.

The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.90. The stock has a market cap of $73.95 million, a PE ratio of 4.83 and a beta of 1.18.

Navios Maritime Midstream Partners (NYSE:NAP) last issued its quarterly earnings data on Thursday, May 3rd. The shipping company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.05). Navios Maritime Midstream Partners had a negative net margin of 20.37% and a positive return on equity of 5.21%. The company had revenue of $19.78 million for the quarter, compared to analysts’ expectations of $19.45 million. analysts forecast that Navios Maritime Midstream Partners LP will post 0.69 EPS for the current fiscal year.

An institutional investor recently raised its position in Navios Maritime Midstream Partners stock. Virtu Financial LLC raised its stake in shares of Navios Maritime Midstream Partners LP (NYSE:NAP) by 139.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,693 shares of the shipping company’s stock after purchasing an additional 20,183 shares during the period. Virtu Financial LLC owned 0.16% of Navios Maritime Midstream Partners worth $330,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 6.76% of the stock is currently owned by institutional investors and hedge funds.

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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