- Trades at a massive discount, given a forward P/E ratio of 1.8 times and a Price-to-Book Value ratio of 0.5 times.
- Activist investor raises concerns with the company's CEO and demands investigation.
- Recent actions of management to issue shares and expand fleet have been controversial as the stock trades 50% below market value.
- Expanding fleet might result in long-term shareholder gains due to improved diversification and economies of scale, but it is certainly not in the short-term interest of shareholders.
For further details see:
Navios Maritime Partners: Selling Cheap For A Reason, Can Be A Value Trap