Seanergy Maritime Holdings Corp (NASDAQ: SHIP) stock closed at $11.74 on 5/16/24 after a major increase of 11.1%. Moreover, exceptionally high trading volume at 230% of normal accompanied the advance. The stock has risen 14.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SHIP is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Seanergy Maritime Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Seanergy Maritime Holdings has a very high Appreciation Score of 92 and a very high Power Rating of 100, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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