Navigator (NYSE:NVGS) posted its earnings results on Wednesday. The shipping company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01), Fidelity Earnings reports. Navigator had a positive return on equity of 0.74% and a negative net margin of 0.20%.
Navigator stock opened at $10.86 on Friday. The firm has a 50 day moving average price of $10.43. Navigator has a 1 year low of $6.05 and a 1 year high of $12.46. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.27 and a quick ratio of 1.19. The firm has a market capitalization of $607.01 million, a P/E ratio of -543.00 and a beta of 2.48.
Separately, Zacks Investment Research downgraded Navigator from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 24th.
Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. The company provides international and regional seaborne transportation services of liquefied petroleum gas, petrochemical gases, and ammonia for energy companies, industrial users, and commodity traders. As of December 31, 2019, it operated a fleet of 38 semi- or fully-refrigerated liquefied gas carriers.
Further Reading: Limitations of analyzing profit margin
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