Navios Containers Struggles To Keep Afloat in Q2

Navios Maritime Containers’ Q2 share price continues to be volatile.
It operates in the cyclical container shipping market, and its balance sheet is on a knife-edge.
NMCI is a small-cap shipping company, focused on the container shipping market.
They own 25 small container ships and 4 larger ships.
The company has a market cap of $27 million and have not fared well since 2017.
With revenue of $28.79 million in Q2, NMCI ended up with a loss of $2.119 million.
It is on a contract of $9,750 and...