Large Inflow of Money Witnessed in Navigator Holdings Ltd.

Navigator Holdings Ltd. (NYSE:NVGS) stock had a bullish inflow of $1.05 million worth of trades on uptick and an outflow of $0.67 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.57. The net money flow into the stock was $0.38 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.61 million. $0.61 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Navigator Holdings Ltd. (NYSE:NVGS) stock traded down $0.03 , and reached $11.39, a drop of -0.26% over the previous day. On a weekly basis, the stock is 5.86%, over the previous weeks close.


Institutional Investors own 70.45% of Navigator Holdings Ltd. shares.

The company shares have dropped -40.43% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $19.72 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $13.12 and the 200 Day Moving Average price is recorded at $14.21. Navigator Holdings Ltd. (NYSE:NVGS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.55 and $11.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.43, notching a gain of 0.09% for the day. The total traded volume was 379,841 . The stock had closed at $11.42 on the previous day.

Navigator Holdings Ltd. is an owner and operator of a fleet of handysize liquefied gas carriers. The Company is the ultimate parent company of the Navigator Group of companies. The Company owns and operates approximately 26 gas carriers (the Vessels) having a cargo capacity of between 20,500 cubic meters (cbm) and 22,500 cbm, of which 20 were semi-refrigerated and of those, eight were capable of transporting ethylene. The remaining six were fully-refrigerated vessels. The Company carries LPG for energy companies, state-owned utilities and commodities traders. It carries petrochemical gases for industrial users. The Companys handysize liquefied gas carriers can accommodate medium- and long-haul routes.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.