Genco Shipping & Trading Limited (GNK) concluded trading on Thursday at a closing price of $12.60, with 0.44 million shares of worth about $5.48 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -25.84% during that period and on April 17, 2025 the price saw a gain of about 1.12%. Currently the company’s common shares owned by public are about 42.76M shares, out of which, 41.97M shares are available for trading.
Stock saw a price change of 5.09% in past 5 days and over the past one month there was a price change of -8.63%. Year-to-date (YTD), GNK shares are showing a performance of -9.61% which decreased to -38.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.20 but also hit the highest price of $23.43 during that period. The average intraday trading volume for Genco Shipping & Trading Limited shares is 716.78K. The stock is currently trading -1.96% below its 20-day simple moving average (SMA20), while that difference is down -7.83% for SMA50 and it goes to -21.88% lower than SMA200.
Genco Shipping & Trading Limited (NYSE: GNK) currently have 42.76M outstanding shares and institutions hold larger chunk of about 65.26% of that.
The stock has a current market capitalization of $541.28M and its 3Y-monthly beta is at 1.15. PE ratio of stock for trailing 12 months is 7.20, while it has posted earnings per share of $1.75 in the same period. Its PEG reads 1.17 and has Quick Ratio of 1.83 while making debt-to-equity ratio of 0.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GNK, volatility over the week remained 3.08% while standing at 4.48% over the month.
Stock’s fiscal year EPS is expected to drop by -58.30% while it is estimated to increase by 114.24% in next year.
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 Stifel on October 23, 2024 offering a Hold rating for the stock and assigned a target price range of between $26 and $17 to it. On September 30, 2022, Stifel Initiated their recommendations, while on August 03, 2022, Alliance Global Partners Initiated their ratings for the stock with a price target of $29. Stock get a Buy rating from Jefferies on July 21, 2022.
