Navios Maritime Partners LP ( NYSE:NMM – Get Free Report )’s stock price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $75.31 and traded as high as $89.73. Navios Maritime Partners shares last traded at $88.1280, with a volume of 218,563 shares trading hands.
Analyst Ratings Changes A number of research analysts have issued reports on the company. Jefferies Financial Group lifted their price objective on Navios Maritime Partners from $85.00 to $100.00 and gave the company a “buy” rating in a report on Monday, August 24th. Weiss Ratings upgraded shares of Navios Maritime Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, September 8th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Navios Maritime Partners currently has a consensus rating of “Buy” and a consensus target price of $100.00.
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Navios Maritime Partners Stock Performance
The stock has a 50 day moving average price of $84.36 and a two-hundred day moving average price of $75.45. The company has a debt-to-e...