After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
Genco Shipping & Trading Limited is listed on the NYSE as a member of the Industrials sector and is a part of the Marine Shipping industry. The current market capitalization of Genco Shipping & Trading Limited is $930.24M. A total of 0.6 million shares were traded on the day, compared to an average of 700.86K shares.
In the most recent transaction, Adamo Joseph sold 1,396 shares of GNK for 20.40 per share on Feb 29 ’24. After the transaction, the Chief Accounting Officer now owns 17,994 company shares. In a previous transaction on Feb 23 ’24, WOBENSMITH JOHN C sold 35,660 shares at 19.80 per share. GNK shares that CEO, President, and Secretary owns now total 466,684.
Among the insiders who sold shares, Christensen Jesper disposed of 12,404 shares on Feb 23 ’24 at a per-share price of $19.80. This resulted in the Chief Commercial Officer holding 42,587 shares of GNK after the transaction. In another insider transaction, Allen Peter George sold 7,036 shares at $19.80 per share on Feb 23 ’24. Company shares held by the Chief Financial Officer now total 35,518.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. GNK’s most recent ex-dividend date was 3/5/2024 when it declared a $0.41 quarterly dividend that was paid in cash on 3/13/2024. Previously, the company paid the dividend on 11/30/2023 with an ex-dividend date of 11/21/2023. The GNK stock dividend was $0.15 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, GNK has a high of $21.61 and a low of $12.39.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GNK’s latest balance sheet shows that the firm has $114.57M in Cash & Short Term Investments as of fiscal 2021. There were $246.29M in debt and $41.90M in liabilities at the time. Its Book Value Per Share was $21.46, while its Total Shareholder’s Equity was $916.67M.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GNK is Buy with a score of 4.33.
