Navios Maritime Holdings Inc. (NYSE:NM)’s share price traded up 10% during trading on Monday . The company traded as high as $1.46 and last traded at $1.43. 1,606,822 shares traded hands during mid-day trading, an increase of 77% from the average session volume of 909,686 shares. The stock had previously closed at $1.30.

A number of equities analysts recently commented on the company. Zacks Investment Research raised Navios Maritime from a “hold” rating to a “buy” rating and set a $1.50 price objective on the stock in a research note on Wednesday. Jefferies Group started coverage on Navios Maritime in a research note on Monday, December 18th. They issued a “buy” rating and a $2.00 price target on the stock. ValuEngine lowered Navios Maritime from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 14th. Finally, Clarkson Capital lowered Navios Maritime from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $1.58.

The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.91 and a current ratio of 1.02. The stock has a market cap of $163.78, a P/E ratio of -0.48 and a beta of 2.89.

Navios Maritime (NYSE:NM) last issued its quarterly earnings results on Tuesday, November 21st. The shipping company reported ($0.26) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.04). Navios Maritime had a negative net margin of 21.39% and a negative return on equity of 17.18%. The business had revenue of $120.60 million during the quarter, compared to analyst estimates of $138.00 million. During the same period last year, the firm posted ($0.25) earnings per share. Navios Maritime’s quarterly revenue was up 6.6% compared to the same quarter last year. sell-side analysts expect that Navios Maritime Holdings Inc. will post -1.1 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NM. Rhumbline Advisers bought a new stake in shares of Navios Maritime during the second quarter valued at approximately $107,000. New York State Common Retirement Fund bought a new stake in shares of Navios Maritime during the second quarter valued at approximately $131,000. Apriem Advisors increased its holdings in shares of Navios Maritime by 53.8% during the third quarter. Apriem Advisors now owns 100,000 shares of the shipping company’s stock valued at $167,000 after acquiring an additional 35,000 shares in the last quarter. California State Teachers Retirement System bought a new stake in shares of Navios Maritime during the second quarter valued at approximately $218,000. Finally, Schwab Charles Investment Management Inc. bought a new stake in shares of Navios Maritime during the second quarter valued at approximately $232,000. Hedge funds and other institutional investors own 19.71% of the company’s stock.

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About Navios Maritime

Navios Maritime Holdings Inc (Navios Holdings) is a global, vertically integrated seaborne shipping and logistics company. The Company is focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain. It operates through two segments: the Dry bulk Vessel Operations and the Logistics Business.

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