Seanergy Maritime Holdings Corp. (SHIP)

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Most Recent Figure Make This Stock Even More Attractive – Seanergy Maritime Holdings Corp. (NASDAQ: SHIP)
On Thursday, Shares of Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) expressed a change of 2.06% and closed its trade at $0.99. The stock exchanged hands with 1,030,169 numbers of shares compared to its average daily volume of 1.12M shares. When trading is lighter than usual, it is said to be “thin.” When there’s more trading than usual, it is called “heavy trading.” Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $40.34M. The company has its outstanding shares of 40.75M. Outstanding shares refer to a company’s stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company’s officers and insiders. After a recent check, it is observed that the insiders for the firm currently own 59.60% shares. There has been an observed change of 0.00% in the ownership of the shares in the past six months. However, the institutional investors are observed to own 3.60% of the total shares. During last 3 month period, -0.07% of total institutional ownership has changed in the company shares.Important Technical Indicators to Consider:

ATR value of the company was 0.12 and Relative Strength Index (RSI) was 43.84. The stock volatility for the week was 9.74% while for the month was 10.36%. The stock was trading at a distance of -88.55% from its 52-week highs and stands 70.40% away from its 52-week lows. SHIP’s latest closing price was 6.92% away from the average price of 200 days while it maintained a distance of -11.89% from the 50 Day Moving Average and -7.15% away compared to its SMA 20.

Analysts’ Suggestions in the Limelight:

Analysts have given a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). The mean target price as estimated by the analysts for the company has been recorded at $3.00.
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