Seanergy Maritime Holdings Corp (NASDAQ:SHIP - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.49 and traded as high as $7.01. Seanergy Maritime shares last traded at $6.97, with a volume of 140,536 shares traded.
Seanergy Maritime Price Performance
The firm has a fifty day moving average of $6.55 and a 200 day moving average of $6.50. The company has a market capitalization of $143.94 million, a P/E ratio of 5.62 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 Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Friday, June 27th were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, June 27th. This represents a $0.20 annualized dividend and a yield of 2.80%. Seanergy Maritime's payout ratio is 15.75%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of SHIP. JPMorgan Chase & Co. boosted its position in Seanergy Maritime by 128.8% in the fourth quarter. JPMorgan Chase & Co. now owns 133,360 shares of the shipping company's stock worth $927,000 after purchasing an additional 75,079 shares during the last quarter. Renaissance Technologies LLC boosted its position in Seanergy Maritime by 13.5% in the fourth quarter. Renaissance Technologies LLC now owns 759,100 shares of the shipping company's stock worth $5,276,000 after purchasing an additional 90,100 shares during the last quarter. Marshall Wace LLP boosted its position in Seanergy Maritime by 6.3% in the fourth quarter. Marshall Wace LLP now owns 226,712 shares of the shipping company's stock worth $1,576,000 after purchasing an additional 13,513 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in Seanergy Maritime in the fourth quarter worth about $70,000. Finally, Boothbay Fund Management LLC purchased a new position in Seanergy Maritime in the fourth quarter worth about $76,000. 29.36% of the stock is owned by hedge funds and other institutional investors.
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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