Navios Maritime Containers LP (NASDAQ:NMCI) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 12 month consensus price objective of $9.00 for the company and are forecasting that the company will post $0.15 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Navios Maritime Containers an industry rank of 222 out of 255 based on the ratings given to related companies.

Separately, JPMorgan Chase & Co. started coverage on Navios Maritime Containers in a research note on Wednesday, March 27th. They issued an “overweight” rating and a $9.00 price target for the company.

A number of hedge funds have recently bought and sold shares of the stock. 683 Capital Management LLC acquired a new stake in shares of Navios Maritime Containers during the 4th quarter valued at about $5,553,000. Marble Ridge Capital LP acquired a new stake in Navios Maritime Containers in the 4th quarter worth about $2,253,000. Finally, Evermore Global Advisors LLC acquired a new stake in Navios Maritime Containers in the 4th quarter worth about $14,288,000. 31.55% of the stock is owned by institutional investors and hedge funds.

Navios Maritime Containers stock traded up $0.02 during midday trading on Monday, reaching $2.19. 600 shares of the stock traded hands, compared to its average volume of 159,967. The company has a quick ratio of 0.52, a current ratio of 0.53 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $76.47 million and a price-to-earnings ratio of 4.17. Navios Maritime Containers has a fifty-two week low of $1.76 and a fifty-two week high of $4.85.

Navios Maritime Containers (NASDAQ:NMCI) last released its quarterly earnings results on Wednesday, January 30th. The company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $34.42 million for the quarter. Research analysts expect that Navios Maritime Containers will post 0.86 earnings per share for the current year.

About Navios Maritime Containers

Navios Maritime Containers L.P. owns and operates containerships in Asia and Europe. As of March 6, 2019, it owned a fleet of 30 vessels. The company was founded in 2017 and is based in Monte Carlo, Monaco.

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