A number of other brokerages have also recently issued reports on SHIP. Zacks Investment Research upgraded shares of Seanergy Maritime from a sell rating to a hold rating in a research note on Tuesday, September 24th. Noble Financial set a $2.00 price target on shares of Seanergy Maritime and gave the stock a buy rating in a research note on Wednesday, August 7th.
NASDAQ:SHIP opened at $0.59 on Tuesday. The firm’s 50-day moving average price is $0.56 and its 200-day moving average price is $1.38. The company has a market capitalization of $15.44 million, a PE ratio of -0.11 and a beta of 0.84. The company has a debt-to-equity ratio of 5.76, a current ratio of 0.27 and a quick ratio of 0.21. Seanergy Maritime has a 1-year low of $0.45 and a 1-year high of $16.35.
Institutional investors have recently made changes to their positions in the stock. Morgan Stanley bought a new position in Seanergy Maritime in the 2nd quarter worth about $27,000. Anson Funds Management LP bought a new position in Seanergy Maritime in the 2nd quarter worth about $163,000. Finally, Verition Fund Management LLC bought a new position in Seanergy Maritime in the 2nd quarter worth about $261,000. Institutional investors own 11.72% of the company’s stock.
Seanergy Maritime Company Profile
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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