Navios Maritime Midstream Partners LP (NYSE:NAP)’s share price dropped 3.5% on Monday . The stock traded as low as $12.58 and last traded at $12.79, with a volume of 86,120 shares changing hands. The stock had previously closed at $13.26.

NAP has been the topic of several analyst reports. Zacks Investment Research lowered Navios Maritime Midstream Partners from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 30th. TheStreet raised Navios Maritime Midstream Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, June 8th. Finally, Credit Suisse Group AG reissued an “outperform” rating on shares of Navios Maritime Midstream Partners in a research note on Thursday, June 2nd.

The stock has a 50 day moving average of $11.94 and a 200 day moving average of $10.84. The firm has a market capitalization of $261.38 million and a P/E ratio of 9.10.

Navios Maritime Midstream Partners (NYSE:NAP) last posted its earnings results on Wednesday, April 27th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by $0.03. During the same period in the previous year, the business posted $0.33 earnings per share. The business had revenue of $24.10 million for the quarter, compared to analyst estimates of $24.41 million. The company’s revenue for the quarter was up 44.3% compared to the same quarter last year. Analysts predict that Navios Maritime Midstream Partners LP will post $1.37 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 12th. Shareholders of record on Wednesday, August 10th will be given a $0.4225 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 13.11%. The ex-dividend date is Monday, August 8th.

Navios Maritime Midstream Partners L.P. is a holding company. The Company is a limited partnership formed to own, operate and acquire crude oil tankers under long-term employment contracts. The Company may also seek to own, operate and acquire refined petroleum product tankers, chemical tankers and liquefied petroleum gas (LPG) tankers under long-term employment contracts.

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