Seanergy Maritime Holdings Corp (NASDAQ:SHIP) price closed higher on Tuesday, April 16, jumping 6.78% above its previous close.
A look at the daily price movement shows that the last close reads $8.48. The company’s P/E ratio in the trailing 12-month period read 133.75. Taking into account the 52-week price action we note that the stock hit a 52-week high of $9.44 and 52-week low of $4.00. The stock added 4.57% on its value in the past month.
Seanergy Maritime Holdings Corp, which has a market valuation of $164.71 million. The company stock has a Forward Dividend ratio of 0.10, while the dividend yield is 1.10%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SHIP a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that SHIP’s price is at present 3.58% off the SMA20 and 10.50% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 56.72, with weekly volatility standing at 6.50%. The indicator jumps to 5.25% when calculated based on the past 30 days. Seanergy Maritime Holdings Corp (NASDAQ:SHIP)’s beta value is holding at 0.86, while the average true range (ATR) indicator is currently reading 0.49.
An analysis of the Seanergy Maritime Holdings Corp (NASDAQ:SHIP) stock in terms of its daily trading volume indicates that the 3-month average is 222.26K.
Current records show that the company has 19.64M in outstanding shares. The insiders’ percentage holdings are 26.89% of outstanding shares while the percentage share held by institutions stands at 7.67%. But the 16.58% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
