Shares of Navios Maritime Partners LP Representing Limited Partner Interests (NMM) Have Risen Above Previous 52-Week High

April 22, 2021 10:45:06

Navios Maritime Partners LP Representing Limited Partner Interests (NYSE:NMM) traded today at a new 52-week high of $31.55. This new high was reached on below average trading volume as 382,000 shares traded hands, while the average 30-day volume is approximately 571,000 shares.

Navios Maritime Partners LP is a seaborne shipping company. It owns and operates dry cargo and container vessels with the primary long-term and staggered expiration charters. The firm’s fleet consists of Ultra- Handymax, Panamax, Capsize, and Container vessels and categorized in Drybulk and Container vessels. It earns revenue through chartering of vessels, voyage contracts.

Navios Maritime Partners LP Representing Limited Partner Interests (NYSE:NMM) is currently priced 17.0% above its average consensus analyst price target of $25.79.

In the past 52 weeks, shares of Navios Maritime Partners LP Representing Limited Partner Interests have traded between a low of $5.51 and a high of $31.55 and is now at $31.08, which is 464% above that low price.

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