Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) is 23.21% higher on its value in year-to-date trading and has touched a low of $0.44 and a high of $1.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SHIP stock was last observed hovering at around $0.62 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $1.50 for the next 12 months. It is also 59.33% off the consensus price target high of $1.50 offered by 3 analysts, but current levels are 12.86% higher than the price target low of $0.70 for the same period.
Currently trading at $0.61, the stock is 11.03% and 17.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing -2.24% at the moment leaves the stock -15.22% off its SMA200. SHIP registered -32.09% loss for a year compared to 6-month loss of -13.73%.
The stock witnessed a 15.91% gain in the last 1 month and extending the period to 3 months gives it a 22.66%, and is 6.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.39% over the week and 5.72% over the month.
Seanergy Maritime Holdings Corp. (SHIP) has around 46 employees, a market worth around $107.42M and $153.20M in sales. Current P/E ratio is 3.15 and Fwd P/E is 9.39. Profit margin for the company is 24.40%. Distance from 52-week low is 38.75% and -53.84% from its 52-week high. The company has generated returns on investments over the last 12 months (12.60%).
Seanergy Maritime Holdings Corp. (SHIP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Seanergy Maritime Holdings Corp. (SHIP) is a “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.30, where 1 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Seanergy Maritime Holdings Corp. is expected to release its quarterly report on 07/05/2023.The EPS is expected to grow by 139.40% this year.
Seanergy Maritime Holdings Corp. (SHIP) Top Institutional Holders
The shares outstanding are 181.92M, and float is at 179.31M with Short Float at 3.74%.