NNA - Navios Maritime Acquisition Corporation: New 52-Week Low Set Today (NNA)

Navios Maritime Acquisition Corporation (NYSE:NNA) traded today at a new 52-week low of $2.38. Approximately 220,000 shares have changed hands today, as compared to an average 30-day volume of 123,000 shares.

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.

In the past 52 weeks, shares of Navios Maritime Acquisition Corporation have traded between the current low of $2.38 and a high of $5.71 and is now at $2.57.

Potential upside of 65.4% exists for Navios Maritime Acquisition Corporation, based on a current level of $2.57 and analysts' average consensus price target of $4.25.

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