Ratio Examination: Genco Shipping & Trading Limited (GNK)’s Price-to-Cash and Price-to-Free Cash Flow

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In the latest session, Genco Shipping & Trading Limited (NYSE: GNK) closed at $22.84 up 0.57% from its previous closing price of $22.71. In other words, the price has increased by $0.57 from its previous closing price. On the day, 0.83 million shares were traded. GNK stock price reached its highest trading level at $23.16 during the session, while it also had its lowest trading level at $22.65.

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 20.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 78.87. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 3.72. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.18.

On September 30, 2022, Stifel started tracking the stock assigning a Buy rating and target price of $20.

On August 03, 2022, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $29.Alliance Global Partners initiated its Buy rating on August 03, 2022, with a $29 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 Feb 29 ’24 when Adamo Joseph sold 1,396 shares for $20.40 per share. The transaction valued at 28,478 led to the insider holds 17,994 shares of the business.

WOBENSMITH JOHN C sold 35,660 shares of GNK for $706,015 on Feb 23 ’24. The CEO, President, and Secretary now owns 466,684 shares after completing the transaction at $19.80 per share. On Feb 23 ’24, another insider, Christensen Jesper, who serves as the Chief Commercial Officer of the company, sold 12,404 shares for $19.80 each. As a result, the insider received 245,636 and left with 42,587 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 976451136 and an Enterprise Value of 1093821952. As of this moment, Genco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 347.64, and their Forward P/E ratio for the next fiscal year is 10.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 2.688 whereas that against EBITDA is 10.036.

Stock Price History:

Over the past 52 weeks, GNK has reached a high of $23.43, while it has fallen to a 52-week low of $12.39. The 50-Day Moving Average of the stock is 9.89%, while the 200-Day Moving Average is calculated to be 38.16%.

Shares Statistics:

For the past three months, GNK has traded an average of 699.44K shares per day and 762440 over the past ten days. A total of 42.55M shares are outstanding, with a floating share count of 37.69M. Insiders hold about 11.84% of the company’s shares, while institutions hold 60.23% stake in the company. Shares short for GNK as of 1714435200 were 1096300 with a Short Ratio of 1.57, compared to 1711584000 on 897219. Therefore, it implies a Short% of Shares Outstanding of 1096300 and a Short% of Float of 2.6099999.

Dividends & Splits

According to the company, the forward annual dividend rate for GNK is 0.86, from 1.13 in the trailing year. Against a Trailing Annual Dividend Yield of 0.049757816

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