Shares of Seanergy Maritime (NASDAQ:SHIP) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 1 year consensus price target of $2.00 for the company, according to Zacks. Zacks has also assigned Seanergy Maritime an industry rank of 179 out of 255 based on the ratings given to related companies.

Separately, Maxim Group reaffirmed a “buy” rating and set a $3.00 price target on shares of Seanergy Maritime in a report on Tuesday, July 3rd.

SHIP traded up $0.01 during trading hours on Monday, reaching $0.89. 79,800 shares of the stock traded hands, compared to its average volume of 141,345. Seanergy Maritime has a fifty-two week low of $0.70 and a fifty-two week high of $1.66. The company has a quick ratio of 0.32, a current ratio of 0.46 and a debt-to-equity ratio of 6.49.

Seanergy Maritime (NASDAQ:SHIP) last released its quarterly earnings results on Friday, August 10th. The shipping company reported ($0.24) earnings per share for the quarter. The firm had revenue of $16.82 million for the quarter. Seanergy Maritime had a negative net margin of 7.33% and a negative return on equity of 16.04%.

Seanergy Maritime Company Profile

Seanergy Maritime Holdings Corp., an international shipping company, engages in the seaborne transportation of drybulk commodities worldwide. As of March 9, 2018, it owned a fleet of 11 dry bulk carriers consisting of 9 Capesizes and 2 Supramaxes with a combined cargo-carrying capacity of approximately 1,682,582 deadweight tons and an average fleet age of 8.9 years.

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