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

Seanergy Maritime (NASDAQ:SHIP) is expected to be releasing 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 listening to the company’s earnings conference call can do so using this link.

Seanergy Maritime Trading Down 0.6 %

Shares of SHIP stock opened at $6.88 on Wednesday. Seanergy Maritime has a 52-week low of $6.55 and a 52-week high of $13.19. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.52 and a current ratio of 1.99. The company has a 50-day simple moving average of $6.97 and a two-hundred day simple moving average of $8.82. The company has a market capitalization of $142.41 million, a price-to-earnings ratio of 2.94 and a beta of 0.45.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SHIP. StockNews.com downgraded shares of Seanergy Maritime from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Maxim Group reduced their target price on shares of Seanergy Maritime from $17.00 to $11.00 and set a “buy” rating for the company in a research report on Monday, February 3rd.

Seanergy Maritime Company Profile

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.