Media headlines about Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (NYSE:GNK) have trended somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave headlines about the shipping company an impact score of 46.3023224768113 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

GNK has been the topic of a number of recent analyst reports. Zacks Investment Research raised Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Wednesday, May 3rd. Seaport Global Securities raised Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from a “neutral” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Wednesday, May 10th. They noted that the move was a valuation call. Jefferies Group LLC boosted their price objective on Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from $19.00 to $22.00 and gave the company a “buy” rating in a research note on Wednesday, May 10th. ValuEngine raised Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from a “sell” rating to a “hold” rating in a research note on Friday, July 7th. Finally, BidaskClub raised Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from a “sell” rating to a “hold” rating in a research note on Thursday, July 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $15.20.

Shares of Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK) traded down 1.15% on Thursday, hitting $13.77. The stock had a trading volume of 34,112 shares. The firm’s market capitalization is $474.03 million. The firm has a 50 day moving average of $10.95 and a 200-day moving average of $10.80. Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 has a 1-year low of $3.92 and a 1-year high of $14.99.

Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (NYSE:GNK) last issued its quarterly earnings data on Monday, August 7th. The shipping company reported ($0.36) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.39) by $0.03. Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 had a negative net margin of 49.36% and a negative return on equity of 8.98%. The business had revenue of $45.37 million during the quarter, compared to analyst estimates of $43.91 million. Equities analysts predict that Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 will post ($1.41) earnings per share for the current year.

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Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 Company Profile

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ores, coal, grains, steel products, and other dry-bulk cargoes. The company charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities.

Insider Buying and Selling by Quarter for Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (NYSE:GNK)

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