Seanergy Maritime Holdings Corp (NASDAQ:SHIP)‘s stock had its “buy” rating reissued by equities researchers at Maxim Group in a research report issued on Thursday. They currently have a $2.00 price target on the shipping company’s stock. Maxim Group’s target price would suggest a potential upside of 71.09% from the company’s current price.

Shares of Seanergy Maritime Holdings Corp (NASDAQ SHIP) traded down 0.83% during midday trading on Thursday, hitting $1.20. 653,554 shares of the company traded hands. Seanergy Maritime Holdings Corp has a 12-month low of $0.58 and a 12-month high of $8.65. The stock’s market capitalization is $41.15 million. The stock’s 50-day moving average is $0.95 and its 200 day moving average is $0.85.

Seanergy Maritime Holdings Corp (NASDAQ:SHIP) last issued its quarterly earnings data on Thursday, September 14th. The shipping company reported ($0.09) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.02. The firm had revenue of $18.37 million during the quarter. Seanergy Maritime Holdings Corp had a negative net margin of 59.00% and a negative return on equity of 99.12%. On average, analysts expect that Seanergy Maritime Holdings Corp will post ($0.45) earnings per share for the current year.

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Seanergy Maritime Holdings Corp Company Profile

Seanergy Maritime Holdings Corp. is an international shipping company. The Company provides marine dry bulk transportation services through the ownership and operation of dry bulk vessels. It owns a modern fleet of eleven dry bulk carriers, consisting of nine Capesizes and two Supramaxes, with a combined cargo-carrying capacity of approximately 1,682,582 deadweight tonnages (dwt) and an average fleet age of about 8.1 years.

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