Why Navigator Holdings Ltd. (NYSE:NVGS) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $17.92 on Navigator Holdings Ltd. (NYSE:NVGS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.43 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Navigator Holdings Ltd. (NYSE:NVGS) stands at 6.23. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Navigator Holdings Ltd. Ordinar, the PEG ratio for coming 3-5 years is 0.84. Technical Analysis The technical analysis highlights that Navigator Holdings Ltd. Ordinar current price is trading $-1.33 points away -11.24% from $11.86, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $14.05 and, for now, the stock price is trading $-3.52 or -25.07% away from that point. The 52-week high of Navigator Holdings Ltd. (NYSE:NVGS) was $19.23 while lowest point recorded in 52-week was $10.24. It implies if stock price makes a movement of over $-8.70, it will record a new 52-week high. In the case of $+2.83% points drop, it will touch a new 52-week low.

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