Navigator Holdings Ltd. (NYSE:NVGS - Get Free Report)'s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $14.26 and last traded at $14.23, with a volume of 8317 shares traded. The stock had previously closed at $14.73.
Wall Street Analyst Weigh In
Several equities analysts have commented on NVGS shares. StockNews.com upgraded shares of Navigator from a "hold" rating to a "buy" rating in a research note on Friday, November 8th. Jefferies Financial Group restated a "buy" rating and issued a $20.00 price target on shares of Navigator in a research note on Friday, November 22nd. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $21.60.
Read Our Latest Report on NVGS
Navigator Stock Down 0.2 %
The company has a quick ratio of 0.71, a current ratio of 0.75 and a debt-to-equity ratio of 0.45. The company has a market cap of $1.06 billion, a PE ratio of 12.77 and a beta of 1.45. The firm's fifty day simple moving average is $16.14 and its 200-day simple moving average is $15.95.
Hedge Funds Weigh In On Navigator
A number of large investors have recently bought and sold shares of NVGS. State of New Jersey Common Pension Fund D raised its stake in Navigator by 14.9% during the third quarter. State of New Jersey Common Pension Fund D now owns 43,107 shares of the shipping company's stock worth $693,000 after purchasing an additional 5,592 shares during the period. Royce & Associates LP increased its position in shares of Navigator by 0.7% in the third quarter. Royce & Associates LP now owns 898,403 shares of the shipping company's stock worth $14,437,000 after acquiring an additional 6,250 shares in the last quarter. Moors & Cabot Inc. acquired a new stake in Navigator during the 3rd quarter valued at $1,210,000. Dynamic Technology Lab Private Ltd acquired a new stake in Navigator during the 3rd quarter valued at $273,000. Finally, FMR LLC grew its holdings in Navigator by 108.6% during the 3rd quarter. FMR LLC now owns 178,600 shares of the shipping company's stock valued at $2,870,000 after purchasing an additional 92,999 shares in the last quarter. Hedge funds and other institutional investors own 18.95% of the company's stock.
About Navigator
(
Get Free Report)
Navigator Holdings Ltd. engages in owning and operating a fleet of liquefied gas carriers worldwide. It provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also offers ship shore infrastructure and consultancy services.
See Also
Before you consider Navigator, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Navigator wasn't on the list.
While Navigator currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
