Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) has a beta value of 0.8 and has seen 3,562,738 shares traded in the last trading session. The company, currently valued at $171.84 Million, closed the last trade at $1.1 per share which meant it gained $0.03 on the day or 2.8% during that session. The SHIP stock price is -438.18% off its 52-week high price of $5.92 and 64.55% above the 52-week low of $0.39. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.21 Million shares traded. The 3-month trading volume is 21.48 Million shares.
The consensus among analysts is that Seanergy Maritime Holdings Corp. (SHIP) is an Overweight stock at the moment, with a recommendation rating of 2.5. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.01.
Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) trade information
Sporting 2.8% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the SHIP stock price touched $1.13 or saw a rise of 2.65%. Year-to-date, Seanergy Maritime Holdings Corp. shares have moved 104.61%, while the 5-day performance has seen it change 17.17%. Over the past 30 days, the shares of Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) have changed 1.85%. Short interest in the company has seen 7.52 Million shares shorted with days to cover at 0.35.
Wall Street analysts have a consensus price target for the stock at $1.5, which means that the shares’ value could jump 36.36% from current levels. The projected low price target is $1.5 while the price target rests at a high of $1.5. In that case, then, we find that the current price level is +36.36% off the targeted high while a plunge would see the stock lose 36.36% from current levels.
Seanergy Maritime Holdings Corp. (SHIP) estimates and forecasts
Figures show that Seanergy Maritime Holdings Corp. shares have outperformed across the wider relevant industry. The company’s shares have gained +113.39% over the past 6 months, with this year growth rate of 116.98%, compared to 2.5% for the industry. Other than that, the company has, however Increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 99.8% and 101.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be +90.4%.
2 analysts offering their estimates for the company have set an average revenue estimate of $21.32 Million for the current quarter. 2 have an estimated revenue figure of $27.93 Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $13.34 Million and $9.04 Million respectively for this quarter and the next, and analysts expect sales will grow by 59.8% for the current quarter and 208.9% for the next.
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 +69.2% over the past 5 years. Earnings growth for 2021 is a modest +95.5%.
Seanergy Maritime Holdings Corp. (NASDAQ:SHIP)’s Major holders
Insiders own 8.36% of the company shares, while shares held by institutions stand at 2.46% with a share float percentage of 2.68%. Investors are also buoyed by the number of investors in a company, with Seanergy Maritime Holdings Corp. having a total of 10 institutions that hold shares in the company. The top two institutional holders are Squarepoint Ops LLC with over 381.79 Thousand shares worth more than $205.25 Thousand. As of December 30, 2020, Squarepoint Ops LLC held 0.25% of shares outstanding.
The other major institutional holder is Two Sigma Securities, LLC, with the holding of over 58.23 Thousand shares as of December 30, 2020. The firm’s total holdings are worth over $31.31 Thousand and represent 0.04% of shares outstanding.