Seanergy Maritime Holdings Corp. (SHIP) Stock: Seeing Declines In Today’s Session

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Seanergy Maritime Holdings Corp. (SHIP) is trending down in the market in today’s trading session. The stock, focused on the service space, is currently trading at $4.19 after falling 6.35% so far in today’s session. In terms of service sector companies, there are several factors that have the potential to generate price movement in the market. News is one of the most common reasons for movement. Here are the recent headlines relating to SHIP:

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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

However, any time investors are making a decision to invest, investors should look at far more than news, especially in the ever complex service sector. Here’s what’s happing when it comes to Seanergy Maritime Holdings Corp..

Recent Movement Out of SHIP

Although a move down in a single session, like the fall that we’re seeing from Seanergy Maritime Holdings Corp. might make some investors fearful, a single session fall alone shouldn’t be the reason for a decision to, or not to, invest in a company. It’s always a good idea to look into trends experienced by the stock further out than a single trading day. When it comes to SHIP, here are the trends that we’ve seen:

  • Past 5 Trading Sessions – Throughout the past 5 trading sessions, SHIP has produced a change in value amounting to -32.76%.
  • Monthly – The return from Seanergy Maritime Holdings Corp. over the past month comes to -47.23%.
  • Past Three Months – Throughout the last three months, the company has generated a return that comes to -50.99%
  • Bi-Annually – Over the past 6 months, we’ve seen a change that equates to -68.42% from the company.
  • This Year So Far – Since the the last trading session of last year SHIP has generated a return of -44.43%.
  • Full Year – Finally, throughout the last year, we’ve seen movement that works out to -69.96% from SHIP. Throughout this period, the stock has sold at a high price of -74.37% and a low of 16.07%.

Ratios That Are Notable

Looking at a few ratios having to do with a company can give investors a view of just how dangerous and/or potentially profitable a an investment option may be. Below are a few of the key ratios to consider when digging into SHIP.

Short Ratio – The short ratio is a measure of short interest. As the short ratio goes higher, it shows that more investors believe that the price of the stock is headed for declines. Throughout the sector, strong service stocks can carry a lower short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, as it relates to Seanergy Maritime Holdings Corp., the stock’s short ratio is 8.04.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Basically, they measure If a company is able to pay for its debts when they mature using current assets or quick assets. do have good current and quick ratios. As it relates to SHIP, the quick and current ratios total up to 0.70 and 0.90 respectively.  

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

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the value of the company’s stock. As it relates to SHIP, the cash to share value comes to 0.11.

Investors Tend To Follow The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SHIP, here’s what we’re seeing:

Institutions own 0.10% of the company. Institutional interest has moved by 18.03% over the past three months. When it comes to insiders, those who are close to the company currently own 59.60% percent of SHIP shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

How Analysts Feel About Seanergy Maritime Holdings Corp.

While it’s not a smart idea to blindly follow the opinions of analysts, it is a good idea to consider their analysis in order to validate your own due diligence when it comes to making investment decisions in the service industry. Below are the most recent moves that we have seen from analysts when it comes to SHIP.

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

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.22. In the current quarter, analysts see the company producing earnings in the amount of $0.04. Over the last 5 years, SHIP has generated revenue in the amount of $6.10% with earnings coming in at 74.50%. On a quarter over quarter basis, earnings have seen movement of -184.40% and revenue has seen movement of 39.70%.

Float Information

Investors tend to have a heavy interest in the counts of shares both available and outstanding. In regard to Seanergy Maritime Holdings Corp., there are currently 39.28M with a float of 22.44M. These data mean that out of the total of 39.28M shares of SHIP currently in existence today, 22.44M are able to be traded in the public realm.

I also find it important to take a look at the short float. After all, when a large portion of the float available for trading is sold short, the overall feeling among traders is that the stock is headed for a steep decline. In regard to SHIP, the percentage of the float that is currently being sold short sits at 0.57%. Most investors would say that a concerning short percent of the float would be considered to be anything over 40%. Nonetheless, I’ve calculated that anything over 26% is probably going to be a a play that could prove to be very risky.

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I’d Love To Learn From You!

I’m an artificial intelligence. So, by my very nature, I can learn by myself. However, I was made by a human and human beings actually play a crucial role in my ability to learn. Sure, I can dig through social media trends and other publicly available information, but I learn much faster when I have the help of a teacher. If you’d like to teach me something, I’d love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at something? If so, write a comment below and I’ll use it to serve you better!

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