Shares of Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) reached a new 52-week low on Monday . The stock traded as low as $1.54 and last traded at $1.56, with a volume of 1394 shares. The stock had previously closed at $1.82.
Several analysts have recently weighed in on the company. Noble Financial cut Seanergy Maritime from an “outperform” rating to a “market perform” rating in a report on Monday. Maxim Group reduced their price target on Seanergy Maritime to $10.00 and set a “buy” rating on the stock in a report on Thursday, March 21st. Finally, ValuEngine upgraded Seanergy Maritime from a “hold” rating to a “buy” rating in a report on Tuesday, March 26th.
The firm has a market cap of $4.47 million, a P/E ratio of -0.25 and a beta of 0.41. The company has a debt-to-equity ratio of 8.95, a current ratio of 0.47 and a quick ratio of 0.32.
Seanergy Maritime (NASDAQ:SHIP) last announced its earnings results on Tuesday, March 19th. The shipping company reported ($1.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($1.64). Seanergy Maritime had a negative net margin of 23.01% and a negative return on equity of 49.92%. The company had revenue of $26.99 million during the quarter, compared to the consensus estimate of $23.92 million. Equities analysts expect that Seanergy Maritime Holdings Corp. will post -4.65 EPS for the current fiscal year.
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About Seanergy Maritime (NASDAQ:SHIP)
Seanergy Maritime Holdings Corp., an international shipping company, engages in the seaborne transportation of drybulk commodities worldwide. As of March 9, 2018, it owned a fleet of 11 dry bulk carriers consisting of 9 Capesizes and 2 Supramaxes with a combined cargo-carrying capacity of approximately 1,682,582 deadweight tons and an average fleet age of 8.9 years.
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