Seanergy Maritime Holdings Corp. (NASDAQ:SHIP - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.60 and traded as high as $7.01. Seanergy Maritime shares last traded at $6.88, with a volume of 160,344 shares trading hands.
Seanergy Maritime Stock Up 0.1%
The business has a 50 day simple moving average of $5.94 and a 200 day simple moving average of $6.60. The stock has a market cap of $138.70 million, a PE ratio of 2.94 and a beta of 0.28. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.99 and a quick ratio of 0.52.
Seanergy Maritime Announces Dividend
The business also recently announced a dividend, which will be paid on Thursday, July 10th. Shareholders of record on Friday, June 27th will be issued a dividend of $0.05 per share. The ex-dividend date is Friday, June 27th. Seanergy Maritime's dividend payout ratio (DPR) is currently 15.75%.
Hedge Funds Weigh In On Seanergy Maritime
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quarry LP grew its position in Seanergy Maritime by 188.5% in the 4th quarter. Quarry LP now owns 8,703 shares of the shipping company's stock worth $60,000 after purchasing an additional 5,686 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new stake in Seanergy Maritime during the 4th quarter worth about $70,000. Boothbay Fund Management LLC bought a new position in Seanergy Maritime in the 4th quarter worth approximately $76,000. Aigen Investment Management LP bought a new position in Seanergy Maritime in the fourth quarter valued at about $84,000. Finally, Jane Street Group LLC bought a new stake in shares of Seanergy Maritime during the fourth quarter worth approximately $104,000. Institutional investors and hedge funds own 29.36% of the company's stock.
Seanergy Maritime Company Profile
(
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Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp.
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