According to Zacks, “Navios Maritime Holdings Inc. is a seaborne shipping and logistics company engaged in the transport and transshipment of drybulk commodities including iron ore, coal and grain. It operates in three segments: Drybulk Vessel Operations, Tanker Vessel Operations and Logistics Business. The Company also engages in operating ports and transfer station terminals and handles vessels, barges, and push boats, as well as operates upriver transport facilities in the Hidrovia region. Navios Maritime Holdings Inc. is headquartered in Piraeus, Greece. “

Shares of Navios Maritime Holdings (NYSE:NM) opened at 1.8796 on Tuesday. The company’s market cap is $200.03 million. Navios Maritime Holdings has a 12-month low of $0.57 and a 12-month high of $2.40. The firm’s 50-day moving average price is $1.58 and its 200 day moving average price is $1.28.

Navios Maritime Holdings (NYSE:NM) last announced its earnings results on Tuesday, November 22nd. The company reported ($0.25) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.01. The business had revenue of $113.09 million for the quarter, compared to analysts’ expectations of $130.96 million. Navios Maritime Holdings had a negative return on equity of 8.83\% and a negative net margin of 31.91\%. The business’s revenue for the quarter was down 13.7\% on a year-over-year basis. During the same quarter last year, the firm earned ($0.23) EPS. On average, analysts predict that Navios Maritime Holdings will post ($0.94) earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in the stock. Advisor Group Inc. acquired a new stake in shares of Navios Maritime Holdings during the second quarter valued at approximately $897,000. Parametric Portfolio Associates LLC raised its stake in shares of Navios Maritime Holdings by 37.2\% in the second quarter. Parametric Portfolio Associates LLC now owns 2,272,883 shares of the company’s stock valued at $1,841,000 after buying an additional 616,693 shares in the last quarter. Paloma Partners Management Co acquired a new stake in shares of Navios Maritime Holdings during the second quarter valued at approximately $235,000. LMR Partners LLP acquired a new stake in shares of Navios Maritime Holdings during the second quarter valued at approximately $129,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of Navios Maritime Holdings during the second quarter valued at approximately $116,000. 10.98\% of the stock is currently owned by institutional investors and hedge funds.
Source: Zacks