Is This Stock a Screaming Buy: Seanergy Maritime Holdings Corp. (NASDAQ:SHIP)

Equity Research firms currently have a positive stance on shares of Seanergy Maritime Holdings Corp. (NASDAQ:SHIP). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $5.00 on a short term basis.

At the time of writing, the stock was trading at $2.75. This represents a change from the opening price of -4.51%. In terms of performance, year to date, the stock is -18.82%. The monthly stock performance comes in at -12.38%. For the quarter, shares are performing at 31.43%. Weekly performance analysis shows the equity at -8.91%.

In taking a look at technical levels, shares are trading -22.05% away from the 50 day simple moving average and -5.24% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -65.19% away from it’s 52- week high and 150.00% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Seanergy Maritime Holdings Corp.’s RSI stands at 34.30. In looking at volatility levels, the shares saw weekly volatility of 6.49% and 11.81% over the past month.

Leave a Comment