Stock Performance Spotlight: Seanergy Maritime Holdings Corp (SHIP) Ends the Day at 9.55, Up by 2.91

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.

As of close of business last night, Seanergy Maritime Holdings Corp’s stock clocked out at $9.55, up 2.91% from its previous closing price of $9.28. In other words, the price has increased by $2.91 from its previous closing price. On the day, 0.53 million shares were traded. SHIP stock price reached its highest trading level at $9.65 during the session, while it also had its lowest trading level at $9.0101.

Ratios:

To gain a deeper understanding of SHIP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.36. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.78.

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.

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 195890560 and an Enterprise Value of 409485312. As of this moment, Seanergy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 141.06, and their Forward P/E ratio for the next fiscal year is 4.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 3.715 whereas that against EBITDA is 10.742.

Stock Price History:

Over the past 52 weeks, SHIP has reached a high of $9.44, while it has fallen to a 52-week low of $4.00. The 50-Day Moving Average of the stock is 15.52%, while the 200-Day Moving Average is calculated to be 44.96%.

Shares Statistics:

It appears that SHIP traded 246.98K shares on average per day over the past three months and 459610 shares per day over the past ten days. A total of 19.64M shares are outstanding, with a floating share count of 13.30M. Insiders hold about 26.89% of the company’s shares, while institutions hold 7.67% stake in the company. Shares short for SHIP as of 1711584000 were 188712 with a Short Ratio of 0.76, compared to 1709164800 on 159259. Therefore, it implies a Short% of Shares Outstanding of 188712 and a Short% of Float of 1.04.

Dividends & Splits

With its trailing 12-month dividend rate of 0.775, SHIP has a forward annual dividend rate of 0.10.

Earnings Estimates

The dynamic stock of Seanergy Maritime Holdings Corp (SHIP) is currently attracting attention from Shopify Inc. analysts actively involved in rating its market status.The consensus estimate for the next quarter is $9.86, with high estimates of $9.55 and low estimates of $28.68.

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