Seanergy Maritime Holdings Corp. Stock Analysis

Michael Lane

Michael Lane

As an investor and member of numerous investment platforms and communities, I see how valuable investment research can be to better understand current market situation and make more accurate investing decisions.

$SHIP

Seanergy Maritime Holdings Corp. (Nasdaq: SHIP) is an international shipping company with its headquarters in Athens, Greece. The business specializes in the seaborne transportation of dry bulk commodities around the world. The company owns and operates Capesize bulk carriers, having a fleet of 15 vessels with an operating age of almost 12 years.

finviz dynamic chart for  SHIP

The company has been kept busy during the pandemic, as the demand for retail products increased greatly. In addition, recently the company announced a loan facility of roughly $37.45 million from one of its existing lenders. The proceeds will be used to refinance an existing loan facility secured by three of its owned ships, and to finance its recent vessel acquisitions.

The shipping company’s earnings are forecast to grow 94.15% per year, indicating a bright future. Moreover, current rated for dry bulk shipping is high, worthing around $26K per day, which means a potentially beneficial year to the company and investors alike.

Undervalued!

The shipping company’s earnings are forecast to grow 94.15% per year, indicating a bright future. Moreover, current rated for dry bulk shipping is high, worthing around $26K per day, which means a potentially beneficial year to the company and investors alike.

More from Top10WallStreet

SumZero Review

Simon Lewis
Financial Analyst

small sumzero

EDITORS' CHOICE

SSI Full in-depth Review

Simon Lewis
Financial Analyst

SSI-logo

CoBF Review

Simon Lewis
Financial Analyst

Handover-Corner-Of-Berkshire-Fairfax-PNG-e1516334482124

Our Team of Experts

Our Team of Experts

Michael Lane

Michael Lane

Head of Research

Simon Lewis

Simon Lewis

Financial Analyst