Based on the latest filings with the SEC, investors are looking at Navios Maritime Holdings Inc. (NYSE:NM)’s short data and trying to figure out market sentiment on which way the market thinks the stock is moving. The firm has 2.23% of total shares float short, yielding a short ratio of 5.51.
Investors are always looking for any little advantage when trading the stock market. Scouring all the various data regarding publically traded companies can be overwhelming at times. Once the investor becomes familiar with the basics, they may be able to dive in deeper and focus on the essentials. Creating a winning strategy may not occur overnight. There may be times when even the best crafted plan does not play out as expected. Being flexible and having the proper tools in place can help the investor see the clearer picture when markets get muddy.
When the stock market starts to get volatile, investors might start getting worried about their investments. The natural response is to do something about it and take some action. Sometimes this may be necessary, but sometimes the best way to deal with volatility may be to wait it out and stay the course. It can be scary to watch the portfolio decline, and nobody wants to see their stocks taking a nosedive. Although there is no foolproof strategy to ride out market downturns, investors often agree that having a diversified stock portfolio may be the most logical defense.
RECENT PERFORMANCE AND RECOMMENDATION
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Navios Maritime Holdings Inc. (NYSE:NM)’s stock was -58.22%. Over the last week of the month, it was -7.15%, -41.01% over the last quarter, and -34.89% for the past six months.
Over the past 50 days, Navios Maritime Holdings Inc. stock’s -43.98% off of the high and 6.68% removed from the low. Their 52-Week High and Low are noted here. -73.12% away from the high and 6.68% from the low.
Investors may be looking ahead to the next round of company earnings reports. Following the numbers may assist investors when attempting to do stock research. Many investors will closely follow the results to see how far off they are from the most recent analyst estimates. Analysts may be busy updating estimates before and after company earnings reports. Investors have the option of following analyst projections in order to help gauge how the sell-side is viewing company prospects. Many investors will also choose to follow analyst buy, sell, and price target recommendations.
The consensus analysts recommendation at this point stands at 4.00 on Navios Maritime Holdings Inc. (NYSE:NM). This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. The same analysts are predicting that the company shares will trade to $1.25 within the next 12-18 months.
Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.