Company shares last traded at $1.12 which is significantly above the 50 day moving average of $0.99 and well above the 200 day moving average of $0.85. The 50 day moving average went up by +13.66% and the 200 day average was up $0.27. Trading volume for Seanergy Maritime Holdings Corp was 554K in the last trading session. Volume was up 232.93% over the stocks average daily volume.
Short traders are feeling a little more bearish on Seanergy Maritime Holdings Corp of late if you take note of the change in short interest. The company realized a rise in short interest of 9.41% as of the latest report on August 31, 2017. Short interest grew 154,929 over that timeframe. The short-interest ratio decreased to 2.0 and the percentage of shorted shares was 0.05% on August 31.
Additionally, here are a few investment firms who have increased or decreased their stake in (SHIP). Kcg Holdings, Inc. cut its investment by selling 104,512 shares a decrease of 68.9% in the quarter. Kcg Holdings, Inc. now controls 47,216 shares valued at $49,000. The total value of its holdings decreased 60.5%. As of the end of the quarter Morgan Stanley had bought a total of 20,000 shares growing its holdings by 3,484.3%. The value of the investment in (SHIP) went from $0 to $21,000 increasing inf% quarter to quarter.
Deutsche Bank Ag trimmed its stake by shedding 2,500 shares a decrease of 92.6% from 03/31/2017 to 06/30/2017. Deutsche Bank Ag now holds 200 shares with a value of $0. The value of the position overall is down by 100.0%.
On August 21 analysts at Maxim Group initiated coverage on SHIP with a rating of “Buy”.
In the latest earnings report the EPS was $-1.00 and is projected to be $-0.45 for the current year with 34,291,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $-0.05 and the next full year EPS is anticipated to be $-0.04.
Seanergy Maritime Holdings Corp. (Seanergy), launched on January 4, 2008, is an international shipping company. The Company specializes in the seaborne transportation of drybulk commodities across the world. The Company owns over six Capesize and over two Supramax vessels. Its fleet comprises vessels, including Leadership, Gloriuship, Geniuship, Premiership, Squireship, Championship, Gladiatorship and Guardianship. The Business’s subsidiaries, which are all, owned by it either directly or indirectly, conduct all of its operations and own all of its operating assets. The Company manages its vessel’s operations, insurances and bunkering, and has the general supervision of its third-party technical and commercial managers..