Navios Maritime Partners LP- Partnership Un Reaches New 52-Week High (NMM)

NEW YORK ( TheStreet) -- Navios Maritime Partners LP- Partnership Un (NYSE: NMM) hit a new 52-week high Monday as it is currently trading at $21.18, above its previous 52-week high of $21.07 with 29,316 shares traded as of 9:36 a.m. ET. Average volume has been 353,100 shares over the past 30 days.

Navios Maritime Partners LP- Partnership Un has a market cap of $876.9 million and is part of the services sector and transportation industry. Shares are up 4.7% year to date as of the close of trading on Thursday.

Navios Maritime Partners L.P. operates as an international owner and operator of drybulk carriers in Greece. The company has a P/E ratio of 14.3, above the average transportation industry P/E ratio of 13.9 and below the S&P 500 P/E ratio of 16.7.
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TheStreet Ratings rates Navios Maritime Partners LP- Partnership Un as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Navios Maritime Partners LP- Partnership Un Ratings Report.

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