Navios Maritime Acquisition Corporation (NNA) had a good day on the market for Monday October 14 as shares jumped 9.48% to close at $10.51. About 587,087 shares traded hands on 3,340 trades for the day, compared with an average daily volume of n/a shares out of a total float of 13.73 million. After opening the trading day at $9.77, shares of Navios Maritime Acquisition Corporation stayed within a range of $10.60 to $9.75.
With today’s gains, Navios Maritime Acquisition Corporation now has a market cap of $144.29 million. Shares of Navios Maritime Acquisition Corporation have been trading within a range of $9.80 and $2.90 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Navios Maritime Acquisition Corporation owns and operates tanker vessels aimed at the transportation of petroleum products and bulk liquid chemicals. The company owns a fleet of modern crude oil, refined petroleum product and chemical tankers providing world-wide marine transportation services. It charters its vessels to international oil companies, refiners, and large vessel operators under long, medium and short-term charters. Navios Maritime generates the majority of its revenue by rendering its services in Asia, Europe, and the United States.
Navios Maritime Acquisition Corporation is based out of Monte Carlo, and has some 4 employees. Its CEO is Angeliki Frangou.
Navios Maritime Acquisition Corporation is also a component of the Russell 2000. 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.
