Navios Maritime Holdings Inc (NYSE:NM) is at $1.35 having a low of $1.24 and a high of $1.37. This range of trading makes the stock one of the day’s most volatile.
It is among the market’s biggest gainers.
Short traders are feeling a little more bullish on Navios Maritime Holdings Inc lately if you look at the change in short interest. The stock recorded a fall in short interest between September 29, 2017 and October 13, 2017 of -7.14%. Short shares fell 368,496 over that timeframe. The days to cover increased to 13.0 and the short interest percentage is 0.04% as of October 13.
Recent Analyst Ratings
On October 17 the company was downgraded from “Buy” to “Neutral” in an announcement from Clarkson Capital.
Earnings Per Share
The company’s P/E ratio is N/A and the market value is 161.39M. As of the last earnings report the EPS was $-2.88 with 119.55M shares now outstanding.
Navios Maritime Holdings Inc. (Navios Holdings), launched on November 19, 2002, is a global, vertically integrated seaborne shipping and logistics company. The Company is focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain. The Company operates through two segments: the Dry bulk Vessel Operations and the Logistics Business. The Dry bulk Vessel Operations segment consists of the transportation and handling of bulk cargoes through the ownership, operation and trading of vessels, freight and forward freight agreements (FFAs). The Logistics Business segment consists of port terminal business, barge business and cabotage business in the Hidrovia region of South America. Navios Holdings also offers commercial and technical management services to the fleets of Navios Maritime Partners L.P. (Navios Partners), Navios Maritime Acquisition Corporation (Navios Acquisition), Navios Maritime Midstream Partners L.P. (Navios Midstream), Navios Europe Inc. (Navios Europe I) and Navios Europe (II) Inc. (Navios Europe II)..