Seanergy Maritime (SHIP) Trading 7.6% Higher
Shares of Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) traded up 7.6% during mid-day trading on Tuesday . The stock traded as high as $1.17 and last traded at $0.99. 592,218 shares were traded during mid-day trading, an increase of 525% from the average session volume of 94,825 shares. The stock had previously closed at $0.92.
Several analysts have issued reports on the company. Zacks Investment Research upgraded Seanergy Maritime from a “hold” rating to a “buy” rating and set a $1.50 target price on the stock in a research note on Wednesday, May 22nd. Noble Financial lowered Seanergy Maritime from an “outperform” rating to a “market perform” rating in a research note on Monday, May 13th. ValuEngine upgraded Seanergy Maritime from a “hold” rating to a “buy” rating in a research note on Tuesday, March 26th. Finally, Maxim Group lowered their target price on Seanergy Maritime to $10.00 and set a “buy” rating on the stock in a research note on Thursday, March 21st.
The company has a debt-to-equity ratio of 8.95, a current ratio of 0.47 and a quick ratio of 0.32. The company has a market cap of $2.59 million, a PE ratio of -0.18 and a beta of 1.20.
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Seanergy Maritime Company Profile (NASDAQ:SHIP)
Seanergy Maritime Holdings Corp., an international shipping company, engages in the seaborne transportation of drybulk commodities worldwide. As of April 4, 2019, it owned a fleet of 10 Capesizes with a cargo-carrying capacity of approximately 1,748,581 deadweight tons and an average fleet age of 10 years.
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