At the time of writing, Seanergy Maritime Holdings Corp [SHIP] stock is trading at $12.46, up 3.75%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SHIP shares have gain 15.16% over the last week, with a monthly amount glided 13.69%, and seem to be holding up well over a long-time horizon.
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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.
For the past year, the stock price of Seanergy Maritime Holdings Corp fluctuated between $4.77 and $13.03. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Seanergy Maritime Holdings Corp [NASDAQ: SHIP] shares were valued at $12.46 at the most recent close of the market. An investor can expect a potential return of 20.39% based on the average SHIP price forecast.
Analyzing the SHIP fundamentals
According to Seanergy Maritime Holdings Corp [NASDAQ:SHIP], the company’s sales were 145.31M for trailing twelve months, which represents an 52.26% jump. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.
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 12.21 points at the first support level, and at 11.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.63, and for the 2nd resistance point, it is at 12.81.
Ratios To Look Out For
It is important to note that Seanergy Maritime Holdings Corp [NASDAQ:SHIP] has a current ratio of 0.55. In addition, the Quick Ratio stands at 0.52 and the Cash Ratio stands at 0.38. Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 1.01 and price to earnings (TTM) ratio is 8.84.
