The current stock price for Genco Shipping & Trading Limited (GNK) is $15.61. The stock experienced a significant increase during the last trading session, reaching $30.0 after opening at $15.52. It dipped to a low of $15.0 before ultimately closing at $15.0.
Genco Shipping & Trading Limited’s stock has had a calm market performance.
52-week price history of GNK Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Genco Shipping & Trading Limited’s current trading price is -25.74% away from its 52-week high, while its distance from the 52-week low is 39.37%. The stock’s price range during this period has fluctuated between $11.20 and $21.02. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 0.81 million for the day, which was evidently higher than the average daily volume of 0.71 million over the last three months.
Financial Performance and Market Capitalization
Genco Shipping & Trading Limited (GNK) has experienced a quarterly rise of 25.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 670.60M and boasts a workforce of 962 employees.
Analysts’ Ratings For Genco Shipping & Trading Limited
As of right now, 6 analysts are rating Genco Shipping & Trading Limited as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.54, with a change in price of +1.44. Similarly, Genco Shipping & Trading Limited recorded 759,861 in trading volume during the last 100 days, posting a change of +10.37%.
GNK Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GNK stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.10.
GNK Stock Stochastic Average
Genco Shipping & Trading Limited’s raw stochastic average for the past 50 days is currently at 96.38%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 96.13%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 88.20% and 83.30%, respectively.
GNK Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -25.10% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 6.77%. Over the past 30 days, the price of GNK has fallen by 13.78%. And in the last five days, it has surged by 3.38%.
