Seanergy Maritime (SHIP) Expected to Release Earnings on Thursday

Seanergy Maritime (NASDAQ:SHIP) is set to release its quarterly earnings report before the market opens on Thursday, March 6th. Analysts predict that the company will report earnings of $0.58 per share, along with revenue estimated at $39.90 million for the quarter. Investors who wish to join the company's conference call can follow the provided link for participation.

Seanergy Maritime Stock Performance

On Friday, Seanergy Maritime shares opened at $6.90. The stock has experienced fluctuations over the past year, with a low of $6.55 and a high of $13.19. Currently, the company's market capitalization stands at $142.82 million, with a price-to-earnings (P/E) ratio of 2.95 and a beta of 0.63, indicating a relatively low volatility compared to the broader market. The fifty-day moving average price for the stock is $6.97, while the two-hundred day moving average price is $8.86. Additionally, the company maintains a debt-to-equity ratio of 0.72, a current ratio of 1.99, and a quick ratio of 0.52.

Analyst Ratings Overview

Recently, several equity analysts have provided updates on Seanergy Maritime. StockNews.com downgraded the shares from a "buy" rating to a "hold" rating in a research report dated February 4th. Meanwhile, Maxim Group adjusted their price target for Seanergy Maritime from $17.00 to $11.00 while maintaining a "buy" rating for the stock, as stated in their report on February 3rd.

About Seanergy Maritime

Seanergy Maritime Holdings Corp. is a prominent player in the shipping industry, specializing in the seaborne transportation of dry bulk commodities on a global scale. The company operates a fleet consisting of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel, with a total cargo-carrying capacity of approximately 3,054,820 deadweight tonnage (dwt). Previously, the company was known as Seanergy Merger Corp.

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