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GNK
Stock ticker: NYSE
AS OF
Dec 20, 04:59 PM (EDT)
Price
$13.74
Change
+$0.10 (+0.73%)
Capitalization
587.49M

GNK stock forecast, quote, news & analysis

GNK
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for GNK with price predictions
Dec 20, 2024

GNK in downward trend: price dove below 50-day moving average on November 21, 2024

GNK moved below its 50-day moving average on November 21, 2024 date and that indicates a change from an upward trend to a downward trend. In of 42 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on GNK as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for GNK turned negative on November 27, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for GNK crossed bearishly below the 50-day moving average on November 27, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GNK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for GNK entered a downward trend on December 20, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 16 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GNK advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .

GNK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.632) is normal, around the industry mean (2.204). P/E Ratio (8.696) is within average values for comparable stocks, (20.939). GNK's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.454). Dividend Yield (0.114) settles around the average of (0.093) among similar stocks. P/S Ratio (1.359) is also within normal values, averaging (1.681).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. GNK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I.Advisor
published Dividends

GNK paid dividends on November 25, 2024

GENCO SHIPPING & TRADING Ltd GNK Stock Dividends
А dividend of $0.40 per share was paid with a record date of November 25, 2024, and an ex-dividend date of November 18, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nordic American Tanker (NYSE:NAT).

Industry description

The marine shipping industry provides passenger transportation or cargo shipping services via waterways. This industry includes freight towage, ferry services and warehousing on deep-sea and inland waterways. The aviation sector may have reduced the popularity of sea travel for several passengers, but it is still in demand for short trips and pleasure cruises. Teekay Offshore Partners L.P. Cum Red Perp Pfd., Kirby Corporation and Seaspan Corporation are some of the well-known names in the business.

Market Cap

The average market capitalization across the Marine Shipping Industry is 4.61B. The market cap for tickers in the group ranges from 1.87K to 30.05B. CICOY holds the highest valuation in this group at 30.05B. The lowest valued company is PRGNF at 1.87K.

High and low price notable news

The average weekly price growth across all stocks in the Marine Shipping Industry was -4%. For the same Industry, the average monthly price growth was -10%, and the average quarterly price growth was -14%. HUPHY experienced the highest price growth at 15%, while CSDXF experienced the biggest fall at -25%.

Volume

The average weekly volume growth across all stocks in the Marine Shipping Industry was 34%. For the same stocks of the Industry, the average monthly volume growth was -36% and the average quarterly volume growth was 6%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 26
P/E Growth Rating: 62
Price Growth Rating: 68
SMR Rating: 63
Profit Risk Rating: 72
Seasonality Score: 32 (-100 ... +100)
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GNK
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published General Information

General Information

a company which transports iron ore, coal, grain, steel products and other drybulk cargoes

Industry MarineShipping

Profile
Fundamentals
Details
Industry
Marine Shipping
Address
299 Park Avenue
Phone
+1 646 443-8550
Employees
1105
Web
https://www.gencoshipping.com