Analysts who follow Genco Shipping & Trading Limited (GNK) on average expect it to climb 89.92% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns Genco Shipping & Trading Limited an Analyst Ranking of 74, which means it ranks higher than 74 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating GNK a Strong Buy today. Find out what this means to you and get the rest of the rankings on GNK!
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Genco Shipping & Trading Limited Stock Today?
Genco Shipping & Trading Limited (GNK) stock is down -6.64% while the S&P 500 is higher by 0.11% as of 10:41 AM on Monday, Nov 15. GNK is lower by -$1.03 from the previous closing price of $15.51 on volume of 241,849 shares. Over the past year the S&P 500 is up 29.25% while GNK is higher by 100.00%. GNK earned $0.57 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 25.28.
Click Here to get the full Stock Report for Genco Shipping & Trading Limited stock.
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