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.
After finishing at $8.08 in the prior trading day, Seanergy Maritime Holdings Corp (NASDAQ: SHIP) closed at $7.94, down -1.73%. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 0.74 million shares were traded. SHIP stock price reached its highest trading level at $8.15 during the session, while it also had its lowest trading level at $7.8006.
Ratios:
Our goal is to gain a better understanding of SHIP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.91.
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 this company, B. Riley Securities on January 16, 2024, initiated with a Buy rating and assigned the stock a target price of $11.
Maxim Group Upgraded its Hold to Buy on October 07, 2021, while the target price for the stock was maintained at $2.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 29 ’24 when Gyftakis Stavros bought 20,000 shares for $8.11 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHIP now has a Market Capitalization of 162684256 and an Enterprise Value of 359474976. As of this moment, Seanergy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.42, and their Forward P/E ratio for the next fiscal year is 3.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 2.176 whereas that against EBITDA is 3.92.
Stock Price History:
Over the past 52 weeks, SHIP has reached a high of $13.03, while it has fallen to a 52-week low of $6.41. The 50-Day Moving Average of the stock is -21.10%, while the 200-Day Moving Average is calculated to be -20.06%.
Shares Statistics:
The stock has traded on average 257.72K shares per day over the past 3-months and 267050 shares per day over the last 10 days, according to various share statistics. A total of 20.49M shares are outstanding, with a floating share count of 13.20M. Insiders hold about 27.42% of the company’s shares, while institutions hold 21.48% stake in the company. Shares short for SHIP as of 1731628800 were 237843 with a Short Ratio of 0.92, compared to 1728950400 on 224016. Therefore, it implies a Short% of Shares Outstanding of 237843 and a Short% of Float of 1.3099999.
Dividends & Splits
In the trailing 12 months, SHIP’s forward annual dividend rate was 0.56, compared to 0.33 this year. Against a Trailing Annual Dividend Yield of 0.06930693
