Seanergy Maritime Holdings Corp (NASDAQ:SHIP) had its price objective upped by Maxim Group from $2.00 to $3.00 in a report published on Tuesday. The firm currently has a buy rating on the shipping company’s stock.

Seanergy Maritime Holdings Corp (NASDAQ:SHIP) traded down $0.25 during mid-day trading on Tuesday, hitting $1.18. 4,809,814 shares of the company traded hands, compared to its average volume of 628,969. The company has a debt-to-equity ratio of 8.44, a quick ratio of 0.38 and a current ratio of 0.53. Seanergy Maritime Holdings Corp has a fifty-two week low of $0.58 and a fifty-two week high of $8.65.

Seanergy Maritime Holdings Corp (NASDAQ:SHIP) last released its quarterly earnings results on Thursday, September 14th. The shipping company reported ($0.09) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.02. Seanergy Maritime Holdings Corp had a negative net margin of 43.67% and a negative return on equity of 88.54%. The business had revenue of $18.37 million for the quarter.

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About Seanergy Maritime Holdings Corp

Seanergy Maritime Holdings Corp. is an international shipping company. The Company provides marine dry bulk transportation services through the ownership and operation of dry bulk vessels. It owns a modern fleet of eleven dry bulk carriers, consisting of nine Capesizes and two Supramaxes, with a combined cargo-carrying capacity of approximately 1,682,582 deadweight tonnages (dwt) and an average fleet age of about 8.1 years.

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