Seanergy Maritime Holdings Corp (NASDAQ:SHIP - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.50 and traded as high as $6.80. Seanergy Maritime shares last traded at $6.76, with a volume of 191,714 shares changing hands.
Seanergy Maritime Stock Performance
The company's 50-day moving average price is $6.31 and its two-hundred day moving average price is $6.50. The company has a market cap of $138.70 million, a P/E ratio of 5.42 and a beta of 0.28. The company has a current ratio of 0.74, a quick ratio of 0.72 and a debt-to-equity ratio of 1.25.
Seanergy Maritime Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, July 10th. Stockholders of record on Friday, June 27th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 2.91%. The ex-dividend date was Friday, June 27th. Seanergy Maritime's dividend payout ratio (DPR) is currently 15.75%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. Millennium Management LLC boosted its position in shares of Seanergy Maritime by 46.4% in the fourth quarter. Millennium Management LLC now owns 570,330 shares of the shipping company's stock worth $3,964,000 after buying an additional 180,876 shares during the period. Cubist Systematic Strategies LLC lifted its stake in Seanergy Maritime by 99.1% in the 4th quarter. Cubist Systematic Strategies LLC now owns 202,375 shares of the shipping company's stock worth $1,407,000 after acquiring an additional 100,749 shares in the last quarter. Renaissance Technologies LLC boosted its position in Seanergy Maritime by 13.5% during the 4th quarter. Renaissance Technologies LLC now owns 759,100 shares of the shipping company's stock worth $5,276,000 after acquiring an additional 90,100 shares during the period. JPMorgan Chase & Co. boosted its position in Seanergy Maritime by 128.8% during the 4th quarter. JPMorgan Chase & Co. now owns 133,360 shares of the shipping company's stock worth $927,000 after acquiring an additional 75,079 shares during the period. Finally, BNP Paribas Financial Markets purchased a new position in Seanergy Maritime during the 4th quarter valued at about $284,000. 29.36% of the stock is owned by hedge funds and other institutional investors.
About Seanergy Maritime
(
Get Free Report)
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.
Further Reading
Before you consider Seanergy Maritime, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seanergy Maritime wasn't on the list.
While Seanergy Maritime currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.