Shares of Genco Shipping & Trading Limited (:GNK) are climbing higher mid-day as the stock reaches today’s top winners list. At the time of writing, the stock had reached $11.49. This represents a change from the opening price of 4.93%. The year-to-date performance of the stock is 46.48%. The monthly stock performance comes in at 15.37%. For the quarter, shares are performing at 0.84%. Weekly performance analysis shows the equity at 6.71%.Covering Sell-Side analysts have offered recommendations and price target estimates on Genco Shipping & Trading Limited (:GNK). According to First Call, the current consensus target price on shares is sitting at $15.70. Analysts have also given a consensus recommendation on the stock of 1.90. This number lands on a scale from 1 to 5. A rating of 4 or 5 would indicate a Sell. A rating of 1 or 2 would represent a Buy, and a 3 rating would signify a Hold on the stock.
Shares of Genco Shipping & Trading Limited are presently 217.25% off the 52 week low. On the flip side, the stock is -23.35% away from the 52 week high. Current price levels see the company 10.48% off the 20-day simple moving average. The average volume stands around 35191. Trading volume may be a very important factor for any investor.
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They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.