Navios Maritime Acquisition Corp (NNA) Jumps 7.8% on December 22

Equities Staff |

Navios Maritime Acquisition Corp (NNA) was among the biggest gainers on the Russell 2000 for Tuesday December 22 as the stock popped 7.8% to $3.04, representing a gain of $0.22 per share. Some 329,221 shares traded hands on 1,889 trades, compared with an average daily volume of 371,377 shares out of a total float of 150.73 million. The stock opened at $2.82 and traded with an intraday range of $3.08 to $2.81.

After today's gains, Navios Maritime Acquisition Corp reached a market cap of $458.23 million. Navios Maritime Acquisition Corp has had a trading range between $4.50 and $2.79 over the last year, and it had a 50-day SMA of $3.42 and a 200-day SMA of $3.55.

The stock has a P/E Ratio of 4.7.

Navios Maritime Acquisition Corp owns a fleet of modern crude oil, refined petroleum product and chemical tankers providing world-wide marine transportation services.

Navios Maritime Acquisition Corp is based out of Piraeus, and has some 4 employees. Its CEO is Angeliki Frangou.

For a complete fundamental analysis analysis of Navios Maritime Acquisition Corp, check out Equities.com’s Stock Valuation Analysis report for NNA. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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