Seanergy Maritime (SHIP) Expected to Announce Quarterly Earnings on Thursday

Seanergy Maritime (NASDAQ:SHIP - Get Free Report) is projected to release its earnings data 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. Persons interested in participating in the company's earnings conference call can do so using this link.

Seanergy Maritime Stock Performance

Shares of Seanergy Maritime stock traded up $0.02 on Monday, reaching $6.92. 166,858 shares of the stock were exchanged, compared to its average volume of 265,377. Seanergy Maritime has a 1-year low of $6.55 and a 1-year high of $13.19. The company has a current ratio of 1.99, a quick ratio of 0.52 and a debt-to-equity ratio of 0.72. The business has a fifty day moving average price of $6.97 and a two-hundred day moving average price of $8.85. The firm has a market capitalization of $143.24 million, a PE ratio of 2.96 and a beta of 0.63.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SHIP. Maxim Group dropped their price target 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 report 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.