Published on 10 Nov 2022 on Simply Wall St. via Yahoo Finance
Navios Maritime Holdings Inc. (NYSE:NM) shareholders should be happy to see the share price up 16% in the last month. But will that heal all the wounds inflicted over 5 years of declines? Unlikely. Like a ship taking on water, the share price has sunk 82% in that time. The recent bounce might mean the long decline is over, but we are not confident. The million dollar question is whether the company can justify a long term recovery. We really feel for shareholders in this scenario. It's a good reminder of the importance of diversification, and it's worth keeping in mind there's more to life than money, anyway.
While the stock has risen 16% in the past week but long term shareholders are still in the red, let's see what the fundamentals can tell us.
View our latest analysis for Navios Maritime Holdings