Genco Shipping & Trading Limited (NYSE: GNK) kicked off on Tuesday, up 2.90% from the previous trading day, before settling in for the closing price of $12.74. Over the past 52 weeks, GNK has traded in a range of $11.20-$23.43.
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A company in the Industrials sector has jumped its sales by 5.00% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -65.39%. With a float of $38.82 million, this company’s outstanding shares have now reached $42.76 million.
In an organization with 962 employees, it is important to assess its efficiency. 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
Our next focus will be how large-scale investors are participating in this stock of the Marine Shipping Industry. The insider ownership of Genco Shipping & Trading Limited is 9.63%, while institutional ownership is 65.25%. 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 -65.39% per share during the next fiscal year.
Genco Shipping & Trading Limited (NYSE: GNK) Trading Performance Indicators
Take a look at Genco Shipping & Trading Limited’s (GNK) current performance indicators. Last quarter, stock had a quick ratio of 1.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.33. Likewise, its price to free cash flow for the trailing twelve months is 8.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.75, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach 1.42 in one year’s time.
Technical Analysis of Genco Shipping & Trading Limited (GNK)
Let’s dig in a bit further. During the last 5-days, its volume was 0.64 million. That was inferior than the volume of 0.66 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.40%. 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 40.72%, which indicates a significant decrease from 91.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.15% in the past 14 days, which was higher than the 41.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.41, while its 200-day Moving Average is $15.83. However, in the short run, Genco Shipping & Trading Limited’s stock first resistance to watch stands at $13.33. Second resistance stands at $13.54. The third major resistance level sits at $13.84. If the price goes on to break the first support level at $12.82, it is likely to go to the next support level at $12.52. Assuming the price breaks the second support level, the third support level stands at $12.31.
Genco Shipping & Trading Limited (NYSE: GNK) Key Stats
The company with the Market Capitalisation of 563.20 million has total of 42,959K Shares Outstanding. Its annual sales at the moment are 423,020 K in contrast with the sum of 76,400 K annual income. Company’s last quarter sales were recorded 99,200 K and last quarter income was 12,680 K.
