Seacor Holdings Inc. (CKH) Trading Up 5.6%
Seacor Holdings Inc. (NYSE:CKH)’s share price was up 5.6% during trading on Wednesday . The stock traded as high as $61.13 and last traded at $60.61, with a volume of 177,517 shares changing hands. The stock had previously closed at $57.41.
Separately, Stifel Nicolaus started coverage on shares of Seacor Holdings in a research report on Tuesday. They issued a “buy” rating and a $70.00 price objective for the company.
The company’s market capitalization is $1.03 billion. The company’s 50-day moving average is $56.02 and its 200 day moving average is $54.55.
A hedge fund recently raised its stake in Seacor Holdings stock. Swiss National Bank boosted its stake in shares of Seacor Holdings Inc. (NYSE:CKH) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,200 shares of the company’s stock after buying an additional 400 shares during the period. Swiss National Bank owned about 0.14% of Seacor Holdings worth $1,272,000 as of its most recent filing with the SEC.
SEACOR Holdings Inc is engaged in owning, operating, investing in and marketing equipment, primarily in the offshore oil and gas, shipping and logistics industries. The Company’s segments include Offshore Marine Services, Inland River Services, Shipping Services and Illinois Corn Processing. The Offshore Marine Services segment operates a fleet of support vessels primarily servicing offshore oil and gas exploration, development and production facilities around the world.
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