Genco Shipping & Trading Limited [GNK] stock is trading at $16.93, up 4.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GNK shares have gain 5.29% over the last week, with a monthly amount glided 21.19%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Genco Shipping & Trading Limited [NYSE: GNK] stock has seen the most recent analyst activity on October 23, 2024, when Stifel downgraded its rating to a Hold and also revised its price target to $17 from $26. Previously, BTIG Research downgraded its rating to Neutral on January 05, 2024. On September 30, 2022, Stifel initiated with a Buy rating and assigned a price target of $20 on the stock. Alliance Global Partners started tracking the stock assigning a Buy rating and suggested a price target of $29 on August 03, 2022. Jefferies initiated its recommendation with a Buy and recommended $25 as its price target on July 21, 2022. In a note dated September 13, 2021, H.C. Wainwright initiated an Buy rating and provided a target price of $30 on this stock.
Genco Shipping & Trading Limited [GNK] stock has fluctuated between $11.20 and $19.51 over the past year. Currently, Wall Street analysts expect the stock to reach $19.67 within the next 12 months. Genco Shipping & Trading Limited [NYSE: GNK] shares were valued at $16.93 at the most recent close of the market. An investor can expect a potential return of 16.18% based on the average GNK price forecast.
Analyzing the GNK fundamentals
Genco Shipping & Trading Limited [NYSE:GNK] reported sales of 376.85M for the trailing twelve months, which represents a drop of -39.31%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.05 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, Genco Shipping & Trading Limited’s Current Ratio is 1.79. As well, the Quick Ratio is 1.28, while the Cash Ratio is 0.66. Considering the valuation of this stock, the price to sales ratio is 1.93, the price to book ratio is 0.81 and price to earnings (TTM) ratio is 16.23.
Transactions by insiders
Recent insider trading involved WOBENSMITH JOHN C, CEO, President, and Secretary, that happened on Mar 04 ’25 when 9533.0 shares were sold. Chief Commercial Officer, Christensen Jesper completed a deal on Feb 24 ’25 to sell 13602.0 shares. Meanwhile, Chief Financial Officer Allen Peter George sold 8984.0 shares on Feb 24 ’25.
