Seanergy Maritime (SHIP) Gets a Hold Rating from Maxim Group


Maxim Group analyst Tate Sullivan maintained a Hold rating on Seanergy Maritime (SHIP) yesterday. The company’s shares closed last Thursday at $0.45, close to its 52-week low of $0.39.

According to TipRanks.com, Sullivan is a 4-star analyst with an average return of 5.3% and a 46.8% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Ceco Environmental, and Capstone Turbine.

The the analyst consensus on Seanergy Maritime is currently a Hold rating.

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Based on Seanergy Maritime’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $9.04 million and GAAP net loss of $11.29 million. In comparison, last year the company earned revenue of $18.76 million and had a GAAP net loss of $6.9 million.

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Seanergy Maritime Holdings Corp. is a shipping company, which engages in the seaborne transportation of dry bulk commodities. It focuses on owning and management of fleet of Capesize bulk carriers. The company was founded on January 4, 2008 and is headquartered in Athens, Greece.

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