Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Genco Shipping & Trading Limited (NYSE: GNK) closed at $13.51 down -3.15% from its previous closing price of $13.95. In other words, the price has decreased by -$3.15 from its previous closing price. On the day, 0.51 million shares were traded.
Ratios:
For a deeper understanding of Genco Shipping & Trading Limited’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.07. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, Genco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.95, and their Forward P/E ratio for the next fiscal year is 10.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 0.64.
Stock Price History:
Over the past 52 weeks, GNK has reached a high of $23.11, while it has fallen to a 52-week low of $11.20. The 50-Day Moving Average of the stock is 1.78%, while the 200-Day Moving Average is calculated to be -11.91%.
Shares Statistics:
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 65.38% stake in the company.
