Home » USA Broker Ratings » Genco Shipping & Trading Limite – Consensus Indicates Potential 165.9% Upside

Genco Shipping & Trading Limite – Consensus Indicates Potential 165.9% Upside

Genco Shipping & Trading Limite found using ticker (GNK) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 18 and 5.9 with the average target price sitting at 12.18. Given that the stocks previous close was at 4.58 this now indicates there is a potential upside of 165.9%. The 50 day MA is 5.56 and the 200 day moving average is 7.97. The market capitalisation for the company is $204m. 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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