In trading on Tuesday, shares of Navios Maritime Partners LP (Symbol: NMM) crossed below their 200 day moving average of $48.52, changing hands as low as $47.45 per share. Navios Maritime Partners LP shares are currently trading down about 3.3% on the day. The chart below shows the one year performance of NMM shares, versus its 200 day moving average:
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ON Semiconductor DMA
Looking at the chart above, NMM's low point in its 52 week range is $23.78 per share, with $65.89 as the 52 week high point — that compares with a last trade of $47.80.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
