Genco Shipping & Trading Limited (GNK) average volume reaches $562.95K: Is Wall Street expecting a rally?

Steve Mayer

Genco Shipping & Trading Limited (NYSE: GNK) kicked off on Monday, up 7.21% from the previous trading day, before settling in for the closing price of $17.9. Over the past 52 weeks, GNK has traded in a range of $11.20-$19.60.

While this was happening, its average annual earnings per share was recorded -95.35%. With a float of $31.44 million, this company’s outstanding shares have now reached $43.24 million.

Genco Shipping & Trading Limited (GNK) Insider Activity

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 27.29%, while institutional ownership is 53.55%. The most recent insider transaction that took place on Sep 12 ’25, was worth 362,400. In this transaction Chairman, CEO, and President of this company sold 20,000 shares at a rate of $18.12, taking the stock ownership to the 525,733 shares. Before that another transaction happened on Sep 15 ’25, when Company’s Chairman, CEO, and President sold 19,000 for $18.44, making the entire transaction worth $350,360. This insider now owns 506,733 shares in total.

Genco Shipping & Trading Limited (GNK) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.29 earnings per share (EPS), lower than consensus estimate (set at 0.3) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current 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 1.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 1.18 in one year’s time.

Technical Analysis of Genco Shipping & Trading Limited (GNK)

Analysing the last 5-days average volume posted by the [Genco Shipping & Trading Limited, GNK], we can find that recorded value of 0.72 million was better than the volume posted last year of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 68.91%.

During the past 100 days, Genco Shipping & Trading Limited’s (GNK) raw stochastic average was set at 93.22%, which indicates a significant decrease from 93.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.56 in the past 14 days, which was higher than the 0.47 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.24, while its 200-day Moving Average is $15.14. Now, the first resistance to watch is $19.47. This is followed by the second major resistance level at $19.74. The third major resistance level sits at $20.04. If the price goes on to break the first support level at $18.90, it is likely to go to the next support level at $18.60. Should the price break the second support level, the third support level stands at $18.33.

Genco Shipping & Trading Limited (NYSE: GNK) Key Stats

The company with the Market Capitalisation of 829.84 million has total of 43,243K 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 79,920 K and last quarter income was -1,050 K.

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