Seanergy Maritime Holdings Corp [SHIP] stock is trading at $9.18, up 7.37%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SHIP shares have gain 12.09% over the last week, with a monthly amount glided 25.93%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 6, March 2024, REMINDER – Leading Dry Bulk & Container Shipping Companies Participating at Capital Link’s 18th Annual International Shipping Forum Monday, March 11, 2024 in New York City. In a post published today on Yahoo Finance, Attendance is complimentary to investors & qualified attendees.1×1 Meetings Available Upon Request.
From an analyst’s perspective:
Seanergy Maritime Holdings Corp [NASDAQ: SHIP] stock has seen the most recent analyst activity on January 16, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $11. On October 07, 2021, upgrade upgraded it’s rating to Buy but maintained its price target of $2.50 on the stock. Noble Capital Markets upgraded its rating to a Outperform but stick to its price target of $1.50 on March 31, 2021. Maxim Group downgraded its rating to a Hold. In a note dated May 13, 2019, Noble Capital Markets downgraded an Market Perform rating on this stock.
Seanergy Maritime Holdings Corp [SHIP] stock has fluctuated between $4.03 and $8.58 over the past year. Seanergy Maritime Holdings Corp [NASDAQ: SHIP] shares were valued at $9.18 at the most recent close of the market.
Analyzing the SHIP fundamentals
Seanergy Maritime Holdings Corp [NASDAQ:SHIP] reported sales of 99.33M for the trailing twelve months, which represents a drop of -28.04%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.66 points at the first support level, and at 8.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.46, and for the 2nd resistance point, it is at 9.74.
Seanergy Maritime Holdings Corp [SHIP] reported earnings per share of -$0.28 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.29/share, meaning a difference of $0.01 and a surprise factor of 3.40%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.03 per share as compared to estimates of -$0.05 per share, a difference of $0.08 representing a surprise of 160.00%.
Ratios To Look Out For
For context, Seanergy Maritime Holdings Corp’s Current Ratio is 0.51. Also, the Quick Ratio is 0.48, while the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 1.68, the price to book ratio is 0.83.
