Company shares are trading at $8.80 significantly higher than the 50 day moving average of $7.49 and just below the 200 day moving average of $9.72. The 50 day moving average went up by +17.47% whereas the 200 day moving average was down $-0.92 or -9.43%. Trading volume for Navios Maritime Midstream Partn was 29K by the end of trading on Friday. Volume was down 53.56% under the stocks average daily volume.
Investors are more bullish on the company as indicated by the fall in short interest. The stock realized a fall in short interest of -0.55% between September 15, 2017 and September 29, 2017. Short interest decreased 1,498 over that timeframe. The days to cover decreased to 4.0 and the short interest percentage is 0.01% as of September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (NAP). As of quarter end Ladenburg Thalmann Financial Services Inc. had bought 1,084 shares growing its holdings by 108.4%. The value of the investment in Navios Maritime Midstream Partn went from $12,000 to $20,000 a change of $8,000 for the reporting period. Tower Research Capital LLC (trc) cut its ownership by shedding 1 shares a decrease of 1.0% as of 06/30/2017. Tower Research Capital LLC (trc) claims 100 shares valued at $1,000. The value of the position overall is down by 0.0%.
Creative Planning divested its holdings by selling 1,996 shares a decrease of 65.4% from 03/31/2017 to 06/30/2017. Creative Planning controls 1,058 shares with a value of $10,000. The total value of its holdings decreased 73.0%. Ubs Group Ag added to its stake by buying 760 shares an increase of 50.7% in the quarter. Ubs Group Ag now controls 2,260 shares worth $21,000. The total value of its holdings increased 16.7%.
The company is so far trading unchanged by %% since yesterday’s close of 8.80. The company also recently declared a dividend for shareholders that was paid on Friday the 11th of August 2017. The dividend payment was $0.423 per share for the quarter which is $1.69 annualized. This dividend represents a yield of $21.02 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Friday the 4th of August 2017.
The P/E ratio is currently 10.63 and the market value is 184.33M. As of the latest earnings report the EPS was $0.83 and is estimated to be $0.75 for the current year with 20,947,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.23 with next year’s EPS projected to be $0.87.
Navios Maritime Midstream Partners L.P. (Navios Midstream), launched on October 13, 2014, is a holding company. The Business’s principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts. The Company focuses to charter its vessels under long-term employment contracts to international oil companies, refiners and large vessel operators..