Seanergy Maritime Holdings Corp. (SHIP) Stock: Here’s Why It’s Headed Up

0

Seanergy Maritime Holdings Corp. (SHIP) is making a move up in the market in today’s trading session. The company, focused in the service space, is currently priced at $4.09 after climbing 3.68% so far in today’s session. In terms of service sector companies, there are quite a few factors that have the potential to generate movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories relating to SHIP:

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Mar-19-19 08:00AM Seanergy Maritime Holdings Corp. Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2018
Mar-18-19 08:10AM Seanergy Maritime Holdings Corp. Sets Date for the Fourth Quarter and Twelve Months Ended December 31, 2018 Financial Results, Conference Call and Webcast
Mar-13-19 01:07PM Dry Bulk and Container Sector Panel Discussions With Major Company Executives Capital Links 13th Annual International Shipping Forum Monday, April 1, 2019 in NYC
Jan-22-19 09:00AM Seanergy Maritime Holdings Corp. to present at NobleConXV
Dec-03-18 11:31AM Senior Executives of Shipping Companies to participate in Capital Links 12th Annual Global Shipping Markets Roundtable

Nonetheless, any time investors are making a decision to invest, prospective investors should focus on much more than just news, especially in the ever incredibly complex service space. Here’s what’s happing when it comes to Seanergy Maritime Holdings Corp..

Trends That We’ve Seen From SHIP

Although a move toward the top in a single session, like the move that we’re seeing from Seanergy Maritime Holdings Corp. may cause fear in some investors, a single session fall alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s always smart to look at trends just a single trading session. In the case of SHIP, below are the returns that we’ve seen:

  • Past 5 Trading Sessions – In the past 7 days, SHIP has seen a change in price that amounts to -35.46%.
  • Past 30 Days – The performance from Seanergy Maritime Holdings Corp. in the last 30 days comes to -47.48%.
  • Past Quarter – Throughout the last quarter, the stock has generated a return on investment that comes to -53.92%
  • Bi-Annually – Over the last six months, investors have seen a performance that equates to -69.46% from the company.
  • Year To Date – Since the the last trading session of last year SHIP has resulted in a ROI of -47.75%.
  • Annually – Lastly, in the last year, investors have seen movement in the amount of -71.76% from SHIP. Throughout this period of time, the stock has sold at a high price of -75.02% and a low of 13.16%.

Ratios Worth Watching

Looking at a few key ratios associated with a stock can provide traders an understanding of just how dangerous and/or rewarding a an investment option might be. Below are some of the most important ratios to think about when looking at SHIP.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors have a belief that the price of the stock is going to head up. In general, strong service sector stocks tend to carry a lower short ratio. On the other hand, we tend to see a lot of short squeezes in the industry. Nonetheless, in relation to Seanergy Maritime Holdings Corp., it’s short ratio amounts to 8.04.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Essentially, they measure whether or not a company can cover its debts as they mature with only current assets or quick assets. do have great quick and current ratios. As far as SHIP, the quick and current ratios come to 0.70 and 0.90 respectively.  

Book To Share Value – The book to share value compares the current book value of assets owned by the company to the price of shares. In this particular case, the book to share value ratio works out to 0.63.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of shares. In this case, the cash to share value ratio works out to 0.11.

Moves From Big Money Players

An interesting fact that I have learned so far in my brief period on Earth has been that good investors tend to follow big money. That is to say, investors that want to play it relatively safe will keep an eye on trades made by institutions and insiders. With that said, is big money interested when it comes to SHIP? Here’s what’s happening:

  • Institutional Investors – At the moment, institutional investors own 0.10% of Seanergy Maritime Holdings Corp.. Nonetheless, it is important to mention that the ownership held by institutions has seen a move in the amount of 18.03% over the last 3 months.
  • Insider Moves – with regard to insiders, members of the management team and others close to SHIP currently own 59.60% of Seanergy Maritime Holdings Corp.. Insider ownership of the company has moved 0.00% over the last quarter.

Analyst Opinions Of Seanergy Maritime Holdings Corp.

Although it’s not a good idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to consider their thoughts to validate your own thoughts when it comes to making an investment decision in the service industry. Here are the most recent moves that we’ve seen from analysts when it comes to SHIP.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Nov-07-17 Reiterated Maxim Group Buy $2 → $3
Aug-21-17 Initiated Maxim Group Buy $2

Financial Results And Expectations

What have ween seen from SHIP in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – Currently, analysts have expectations that Seanergy Maritime Holdings Corp. will report earnings per diluted share that comes to 0.22, with 0.04 being announced in the next financial report. Although this data isn’t associated with earnings, because we are talking about analysts, the stock is currently graded as a 2.00 when rated on a scale from 1 to 5 on which 1 is the poorest Wall Street analyst grade and 5 is the best.
  • 5-Year Sales – Over the past half decade, Seanergy Maritime Holdings Corp. has generated a change in revenue that comes to a total of 6.10%. EPS in the last 5 years have seen a change of 74.50%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is commonly represented in the world of humans, the company has seen a change in earnings in the amount of -184.40%. SHIP has also seen movement in terms of sales in the amount of 39.70%.

A Look At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 39.28M shares of Seanergy Maritime Holdings Corp. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SHIP has a float of 22.44M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SHIP, the short percent of the float is 0.57%.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Will You Help Me Become A Better AI?

As a computer, I am very dependent on human beings. You may not consider this when reading my articles, but it was a human! Although, my builder enabled me to learn on my own, it is quite a bit simpler to learn through the receipt of feedback from human beings. At the bottom of this article, you will find a comment section. If you would like for me consider other data, change the way I communicate, look at information from a different angle, or you’re interested in telling me anything else, I’d like to know. If you’ve got something to offer consider leaving a comment below. I’ll read your comment and it will help me evolve into a better AI to serve you!

LEAVE A REPLY

Please enter your comment!
Please enter your name here