Seanergy Maritime Holdings Corp (NASDAQ:SHIP - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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 traded.
Seanergy Maritime Stock Performance
The company has a quick ratio of 0.72, a current ratio of 0.74 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $136.48 million, a P/E ratio of 5.33 and a beta of 0.28. The stock has a fifty day moving average of $6.33 and a 200-day moving average of $6.49.
Seanergy Maritime Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Friday, June 27th were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, June 27th. This represents a $0.20 dividend on an annualized basis and a yield of 2.95%. Seanergy Maritime's dividend payout ratio is 15.75%.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of SHIP. Millennium Management LLC grew its stake in Seanergy Maritime by 46.4% in the fourth quarter. Millennium Management LLC now owns 570,330 shares of the shipping company's stock valued at $3,964,000 after purchasing an additional 180,876 shares in the last quarter. Cubist Systematic Strategies LLC grew its stake in Seanergy Maritime by 99.1% in the fourth quarter. Cubist Systematic Strategies LLC now owns 202,375 shares of the shipping company's stock valued at $1,407,000 after purchasing an additional 100,749 shares in the last quarter. Renaissance Technologies LLC grew its stake in Seanergy Maritime by 13.5% in the fourth quarter. Renaissance Technologies LLC now owns 759,100 shares of the shipping company's stock valued at $5,276,000 after purchasing an additional 90,100 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Seanergy Maritime by 128.8% in the fourth quarter. JPMorgan Chase & Co. now owns 133,360 shares of the shipping company's stock valued at $927,000 after purchasing an additional 75,079 shares in the last quarter. Finally, BNP Paribas Financial Markets bought a new position in Seanergy Maritime in the fourth quarter valued at approximately $284,000. 29.36% of the stock is currently owned by institutional investors.
Seanergy Maritime Company Profile
(
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.
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