Seanergy Maritime (SHIP) Expected to Announce Earnings on Thursday

Seanergy Maritime (NASDAQ:SHIP) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect Seanergy Maritime to post earnings of $0.58 per share and revenue of $39.90 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Seanergy Maritime Stock Up 0.3 %

Seanergy Maritime stock opened at $6.92 on Tuesday. The company’s 50 day simple moving average is $6.97 and its 200 day simple moving average is $8.85. Seanergy Maritime has a fifty-two week low of $6.55 and a fifty-two week high of $13.19. The firm has a market capitalization of $143.24 million, a price-to-earnings ratio of 2.96 and a beta of 0.63. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.99 and a quick ratio of 0.52.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Maxim Group reduced their price objective on shares of Seanergy Maritime from $17.00 to $11.00 and set a “buy” rating on the stock in a research note on Monday, February 3rd. StockNews.com lowered shares of Seanergy Maritime from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th.

About Seanergy Maritime

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.