After grabbing 0.34 million shares, the institutional investor is now in possession of 0.34 million shares of the Industrials Company. The new investment brought the stake of investor firm to 1.13% having worth around $0.51 million. Moreover, Jane Street Capital LLC increased its share by 44312.0 to have a control over 44312.0 shares. And Two Sigma Securities LLC raised its holdings to 17245.0 shares by acquiring 17245.0 shares or 0.06% of the stake.
Seanergy Maritime Holdings Corp. (SHIP) concluded trading on 08/27/20 at a closing price of $0.47, with 3.08 million shares of worth about $1.45 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -12.77% during that period and on Thursday the price saw a loss of about -0.72%. Currently the company’s common shares owned by public are about 31.15M shares, out of which, 28.48M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 2 analysts are covering the SHIP stock and their offered price forecasts bring an average price target of $5.40. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $6.00 and could fall to a lowest price of $4.80. Analysts also issued an outlook of 2.50 for the Seanergy Maritime Holdings Corp. stock for next 12 months. However, touching the estimated high of $6.00 would mean a gain of 92.17% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
The company recently came buying 0.0 shares which brought its stake up to 0.00% of the company’s outstanding shares.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) started trading at $0.4688, below -$0.01 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $0.47, or with a loss of -0.72%. Stock saw a price change of -12.77% in past 5 days and over the past one month there was a price change of -69.36%. Year-to-date (YTD), SHIP shares are showing a performance of -94.60% which decreased to -95.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.46 but also hit the highest price of $14.37 during that period. While comparing its average daily trading volume of 6.77 million shares, we see that about 3.08 million changed hands on the day. The stock is currently trading -57.17% below its 20-day simple moving average (SMA20), while that difference is down -73.99% for SMA50 and it goes to -88.67% lower than SMA200.
Empery Asset Management LP acquired 0.34 million shares of Seanergy Maritime Holdings Corp. having value of about $0.51 million. Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) currently have 31.15M outstanding shares and institutions hold larger chunk of about 3.80% of that. Holding of mutual funds in the company is about 0.00% while other institutional holders and individual stake holders have control over 1.34% and — of the stake respectively.
The stock has a current market capitalization of $14.70M and its 3Y-monthly beta is at 1.00. It has posted earnings per share of -$13.60 in the same period. It has Quick Ratio of 0.10 while making debt-to-equity ratio of 6.35. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SHIP, volatility over the week remained 6.29% while standing at 7.99% over the month.
Analysts are in expectations that Seanergy Maritime Holdings Corp. (SHIP) stock would likely to be making an EPS of $0.18 in the current quarter, while forecast for next quarter ESPS is $0.08 and it is -$0.39 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.14 which is $0.23 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.48 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 90.90% while it is estimated to increase by 133.30% in next year.
Analysts at 2 brokerage firms have issued recommendations for the Seanergy Maritime Holdings Corp. (SHIP)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.50. Out of those 2 Wall Street analysts, 0 recommended a “Buy” rating, while 2 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Maxim Group on July 08, 2020 offering a Hold rating for the stock and assigned a target price of to it. Coverage by Maxim Group stated Seanergy Maritime Holdings Corp. (SHIP) stock as a Buy in their note to investors on May 22, 2019, suggesting a price target of $4 for the stock. On May 13, 2019, Noble Capital Markets Downgrade their recommendations, while on November 07, 2017, Maxim Group Reiterated their ratings for the stock with a price target of $3. Stock get a Buy rating from Maxim Group on August 21, 2017.