Zacks Investment Research upgraded Navigator Holdings Ltd (NYSE:NVGS) to Hold in a report released today.
- Updated: October 2, 2016
Zacks Investment Research has upgraded Navigator Holdings Ltd (NYSE:NVGS) to Hold in a report released on 9/28/2016.
Previously on 8/25/2016, Morgan Stanley reported about Navigator Holdings Ltd (NYSE:NVGS) lowered the target price from $14.50 to $7.00. At the time, this indicated a possible downside of -0.15%.
Yesterday Navigator Holdings Ltd (NYSE:NVGS) traded 2.71% higher at $7.10. The company’s 50-day moving average is $7.39 and its 200-day moving average is $11.76. The last stock close price is down -38.88% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 264,440 shares of the stock were exchanged, down from an average trading volume of 398,897
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Navigator Holdings Ltd has a 52 week low of $6.47 and a 52 week high of $17.67 with a P/E ratio of 5.14 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 6 firms have issued a report on the stock. The consensus target price is $19.75 with 2 firms rating the stock a strong buy, 3 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Navigator Holdings Ltd (NYSE:NVGS)
Navigator Holdings Ltd. is an owner and operator of a fleet of handysize liquefied gas carriers. The Company provides international and regional seaborne transportation services of liquefied petroleum gas (LPG), petrochemical gases and ammonia. The Company's fleet consists of over 40 vessels, including eight newbuilding vessels. The Company carries LPG for various international energy companies, state-owned utilities and reputable commodities traders. It also carries petrochemical gases for industrial users. The Company's vessels also carry ammonia for both ammonia traders and producers of fertilizers. Its vessels include semi-refrigerated, such as Navigator Magellan, Navigator Mars, Navigator Pluto, Navigator Saturn, Navigator Capricorn, Navigator Pegasus, Navigator Scorpio, Navigator Virgo, Navigator Libra, Navigator Europa and Navigator Oberon, and full-refrigerated, such as Navigator Glory, Navigator Grace, Navigator Galaxy and Navigator Genesis.
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