Value Investing Philosophy And Genco Shipping & Trading Limited (NYSE: GNK)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

GNK belongs to the Industrials sector of the NYSE while operating in the Marine Shipping industry. The current market capitalization of Genco Shipping & Trading Limited is $600.14M. A total of 0.73 million shares were traded on the day, compared to an average of 730.56K shares.

In the most recent transaction, WOBENSMITH JOHN C sold 9,533 shares of GNK for 14.12 per share on Mar 04 ’25. After the transaction, the CEO, President, and Secretary now owns 505,831 company shares. In a previous transaction on Feb 24 ’25, Christensen Jesper sold 13,602 shares at 13.96 per share. GNK shares that Chief Commercial Officer owns now total 57,322.

Among the insiders who sold shares, Allen Peter George disposed of 8,984 shares on Feb 24 ’25 at a per-share price of $13.96. This resulted in the Chief Financial Officer holding 45,251 shares of GNK after the transaction. In another insider transaction, Adamo Joseph sold 6,226 shares at $13.96 per share on Feb 24 ’25. Company shares held by the Chief Accounting Officer now total 26,829.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Genco Shipping & Trading Limited pays an annual dividend of $1.19, resulting in a dividend yield of 8.52%, and it has a price to earnings (P/E) ratio of 13.39.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, GNK has a high of $21.83 and a low of $11.20.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. GNK’s latest balance sheet shows that the firm has $114.57M in Cash & Short Term Investments as of fiscal 2021. There were $246.29M in debt and $41.90M in liabilities at the time. Its Book Value Per Share was $21.02, while its Total Shareholder’s Equity was $916.67M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GNK is Buy with a score of 4.71.

Related Posts

Park Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.