Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) has a beta value of 1.25 and has seen 95,241,538 shares traded in the last trading session. The company, currently valued at $37.04 Million, closed the last trade at $0.1412 per share which meant it lost $0 on the day or -2.62% during that session. The SHIP stock price is -785.27% off its 52-week high price of $1.25 and 15.01% above the 52-week low of $0.12. If we look at the company’s 10-day average daily trading volume, we find that it stood at 48.99 Million shares traded. The 3-month trading volume is 34.85 Million shares.
The consensus among analysts is that Seanergy Maritime Holdings Corp. (SHIP) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 2 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.28.
Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) trade information
Despite being -2.62% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, May 18 when the SHIP stock price touched $0.152 or saw a rise of 7.11%. Year-to-date, Seanergy Maritime Holdings Corp. shares have moved -74.13%, while the 5-day performance has seen it change 3.07%. Over the past 30 days, the shares of Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) have changed -7.71%. Short interest in the company has seen 9.33 Million shares shorted with days to cover at 0.27.
Wall Street analysts have a consensus price target for the stock at $0.77, which means that the shares’ value could jump 445.33% from current levels. The projected low price target is $0.4 while the price target rests at a high of $1.14. In that case, then, we find that the current price level is +707.37% off the targeted high while a plunge would see the stock lose 183.29% from current levels.
Seanergy Maritime Holdings Corp. (SHIP) estimates and forecasts
Figures show that Seanergy Maritime Holdings Corp. shares have underperformed across the wider relevant industry. The company’s shares have lost -71.18% over the past 6 months, with this year growth rate of -205.26%, compared to -11.9% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 91.3% and 81.6% for the next quarter. Revenue growth from the last financial year stood is estimated to be +76.6%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +-14.9% over the past 5 years. Earnings growth for 2020 is a modest +90.9% while over the next 5 years, the company’s earnings are expected to increase by 0%.