Genco Shipping & Trading Limited (NYSE: GNK) on Friday, plunged -7.66% from the previous trading day, before settling in for the closing price of $12.67. Within the past 52 weeks, GNK’s price has moved between $12.62 and $23.43.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 5.00%. The company achieved an average annual earnings per share of -57.68%. With a float of $41.77 million, this company’s outstanding shares have now reached $42.76 million.
The extent of productivity of a business whose workforce counts for 962 workers is very important to gauge. In terms of profitability, gross margin is 27.58%, operating margin of 20.23%, and the pretax margin is 3012.89%.
Genco Shipping & Trading Limited (GNK) Insider Updates
Observing investor behavior towards Marine Shipping industry stocks is more important than anything else. The insider ownership of Genco Shipping & Trading Limited is 2.31%, while institutional ownership is 65.08%. The most recent insider transaction that took place on Mar 04 ’25, was worth 134,606. In this transaction CEO, President, and Secretary of this company sold 9,533 shares at a rate of $14.12, taking the stock ownership to the 505,831 shares. Before that another transaction happened on Feb 24 ’25, when Company’s Chief Commercial Officer sold 13,602 for $13.96, making the entire transaction worth $189,855. This insider now owns 57,322 shares in total.
Genco Shipping & Trading Limited (GNK) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -57.68% per share during the next fiscal year.
Genco Shipping & Trading Limited (NYSE: GNK) Trading Performance Indicators
Genco Shipping & Trading Limited (GNK) is currently performing well based on its current performance indicators. A quick ratio of 1.83 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18. Likewise, its price to free cash flow for the trailing twelve months is 7.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.75, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach 1.48 in one year’s time.
Technical Analysis of Genco Shipping & Trading Limited (GNK)
The latest stats from [Genco Shipping & Trading Limited, GNK] show that its last 5-days average volume of 0.92 million was superior to 0.64 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 21.45%. Additionally, its Average True Range was 0.51.
During the past 100 days, Genco Shipping & Trading Limited’s (GNK) raw stochastic average was set at 2.95%, which indicates a significant decrease from 7.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.55% in the past 14 days, which was higher than the 32.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.04, while its 200-day Moving Average is $16.52. Now, the first resistance to watch is $12.27. This is followed by the second major resistance level at $12.83. The third major resistance level sits at $13.21. If the price goes on to break the first support level at $11.32, it is likely to go to the next support level at $10.94. Assuming the price breaks the second support level, the third support level stands at $10.38.
Genco Shipping & Trading Limited (NYSE: GNK) Key Stats
Market capitalization of the company is 500.27 million based on 42,758K outstanding shares. Right now, sales total 423,020 K and income totals 76,400 K. The company made 99,200 K in profit during its latest quarter, and 12,680 K in sales during its previous quarter.
