Navios Maritime Midstream Partn (NYSE:NAP) Experiences Heavier than Average Trading Volume

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Trading was heavy with 181K shares changing hands in the last trading session. Volume was up 192.54% over the stocks average daily volume.

Here are a few other firms who have also updated their positions. As of quarter end Susquehanna International Group, Llp had disposed of 2,678 shares trimming its holdings by 11.2%. The value of the investment in (NAP) went from $289,000 to $200,000 decreasing 30.8% quarter over quarter. Tower Research Capital LLC (trc) downsized its holdings by selling 1 shares a decrease of 1.0% as of 06/30/2017. Tower Research Capital LLC (trc) now controls 100 shares valued at $1,000. The value of the position overall is down by 0.0%.

Morgan Stanley reduced its stake by shedding 1,096 shares a decrease of 14.1% from 03/31/2017 to 06/30/2017. Morgan Stanley currently owns 6,689 shares with a value of $63,000. The total value of its holdings decreased 33.0%. As of the end of the quarter Wells Fargo & Company/mn had sold a total of 1,780 shares trimming its stake by 38.0%. The value in dollars decreased from $56,000 to $27,000 a change of $29,000 for the reporting period.

In the market the company is trading down by -0.98% since yesterday’s close of $7.11. The company declared a dividend that was paid on Thursday the 11th of May 2017. The dividend was $0.423 per share for the quarter which is $1.69 annualized. The dividend yield was $23.77. The ex-dividend date was set for Friday the 4th of August 2017.

It is trading at $7.04 a great deal lower than the 50 day moving average which is $9.74 and which is significantly below the 200 day moving average of $10.64. The 50 day moving average was down by -27.70% and the 200 day average was down $-3.60.

The P/E ratio is 8.50 and market cap is 147.47M. As of the latest earnings report the EPS was $0.83 and is expected to be $0.76 for the current year with 20,947,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.24 and the next full year EPS is anticipated to be $0.88.

Navios Maritime Midstream Partners L.P. (Navios Midstream), launched on October 13, 2014, is a holding company. The Business’s principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts. The Company focuses to charter its vessels under long-term employment contracts to international oil companies, refiners and large vessel operators..

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