Home » USA Broker Ratings » Genco Shipping & Trading Limite – Consensus Indicates Potential 122.3% Upside

Genco Shipping & Trading Limite – Consensus Indicates Potential 122.3% Upside

Genco Shipping & Trading Limite found using ticker (GNK) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 18 and 5.9 calculating the average target price we see 12.18. Now with the previous closing price of 5.48 this would imply there is a potential upside of 122.3%. The 50 day MA is 5.59 and the 200 day MA is 8.38. The company has a market cap of $229m. Find out more information at: http://www.gencoshipping.com

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of February 25, 2020, the company’s fleet consisted of 17 Capesize, 1 Panamax, 6 Ultramax, 20 Supramax, and 10 Handysize vessels with an aggregate capacity of approximately 4,914,000 deadweight tons. Genco Shipping & Trading Limited was founded in 2004 and is headquartered in New York, New York.

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