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The closing price of Genco Shipping & Trading Limited (NYSE: GNK) was $13.56 for the day, down -1.17% from the previous closing price of $13.72. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 0.57 million shares were traded. GNK stock price reached its highest trading level at $13.745 during the session, while it also had its lowest trading level at $13.565.
Ratios:
Our analysis of GNK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.13. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on October 23, 2024, Downgraded its rating to Hold and sets its target price to $17 from $26 previously.
On September 30, 2022, Stifel started tracking the stock assigning a Buy rating and target price of $20.Stifel initiated its Buy rating on September 30, 2022, with a $20 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 04 ’25 when WOBENSMITH JOHN C sold 9,533 shares for $14.12 per share. The transaction valued at 134,606 led to the insider holds 505,831 shares of the business.
Christensen Jesper sold 13,602 shares of GNK for $189,855 on Feb 24 ’25. The Chief Commercial Officer now owns 57,322 shares after completing the transaction at $13.96 per share. On Feb 24 ’25, another insider, Allen Peter George, who serves as the Chief Financial Officer of the company, sold 8,984 shares for $13.96 each. As a result, the insider received 125,396 and left with 45,251 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GNK now has a Market Capitalization of 582530816 and an Enterprise Value of 642924352. As of this moment, Genco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.00, and their Forward P/E ratio for the next fiscal year is 11.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 1.706 whereas that against EBITDA is 6.73.
Stock Price History:
The Beta on a monthly basis for GNK is 1.17, which has changed by -0.35520685 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, GNK has reached a high of $22.18, while it has fallen to a 52-week low of $11.20. The 50-Day Moving Average of the stock is 2.07%, while the 200-Day Moving Average is calculated to be -9.33%.
Shares Statistics:
GNK traded an average of 726.37K shares per day over the past three months and 675590 shares per day over the past ten days. A total of 42.96M shares are outstanding, with a floating share count of 38.82M. Insiders hold about 9.63% of the company’s shares, while institutions hold 64.70% stake in the company. Shares short for GNK as of 1748563200 were 2477510 with a Short Ratio of 3.41, compared to 1745971200 on 1945124. Therefore, it implies a Short% of Shares Outstanding of 2477510 and a Short% of Float of 5.87.
Dividends & Splits
With its trailing 12-month dividend rate of 1.19, GNK has a forward annual dividend rate of 1.19. Against a Trailing Annual Dividend Yield of 0.0867347The stock’s 5-year Average Dividend Yield is 7.58. The current Payout Ratio is 89.70% for GNK, which recently paid a dividend on 2025-05-22 with an ex-dividend date of 1747872000. Stock splits for the company last occurred on 2016-07-08 when the company split stock in a 1:10 ratio.
