Navigator Holdings Ltd. (NVGS) was a big mover last session, as its shares rose over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the downtrend for the company since Nov 24, as the stock is now down over 30%.
Over the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Navigator Holdings currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked shipping stock is Danaos Corporation (DAC) with a Zacks Rank #2 (Buy).
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