Media stories about Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (NYSE:GNK) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news headlines about the shipping company an impact score of 46.2769326374248 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

GNK has been the subject of a number of research analyst reports. Zacks Investment Research raised Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research note on Tuesday, May 9th. Jefferies Group LLC raised their price target on Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Wednesday, May 10th. Seaport Global Securities raised Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from a “neutral” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Wednesday, May 10th. They noted that the move was a valuation call. BidaskClub raised Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, ValuEngine raised Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 from a “sell” rating to a “hold” rating in a research note on Friday, July 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 has a consensus rating of “Hold” and a consensus target price of $15.20.

Shares of Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (NYSE GNK) traded up 2.21% during midday trading on Wednesday, reaching $13.85. The company’s stock had a trading volume of 40,360 shares. The stock’s 50-day moving average is $11.65 and its 200-day moving average is $11.02. Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 has a one year low of $4.12 and a one year high of $14.99. The company’s market capitalization is $476.79 million.

Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (NYSE:GNK) last released its quarterly earnings results on Monday, August 7th. The shipping company reported ($0.36) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.03. Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 had a negative return on equity of 8.98% and a negative net margin of 49.36%. The business had revenue of $45.37 million during the quarter, compared to analyst estimates of $43.91 million. On average, equities analysts expect that Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 will post ($1.33) earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This story was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another domain, it was stolen and republished in violation of US and international trademark and copyright law. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/09/06/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-genco-shipping-trading-limited-warrants-expiring-12312021-gnk-share-price.html.

About Genco Shipping & Trading Limited Warrants Expiring 12/31/2021

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ores, coal, grains, steel products, and other dry-bulk cargoes. The company charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities.

Insider Buying and Selling by Quarter for Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (NYSE:GNK)

Receive News & Stock Ratings for Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 and related stocks with our FREE daily email newsletter.