Seanergy Maritime (SHIP) Receives a Hold from Maxim Group
In a report released yesterday, Tate Sullivan from Maxim Group maintained a Hold rating on Seanergy Maritime (SHIP). The company’s shares closed last Friday at $1.13, close to its 52-week low of $0.39.
According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 31.4% and a 53.4% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Ceco Environmental, and Mistras Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Seanergy Maritime with a $1.50 average price target.
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The company has a one-year high of $5.84 and a one-year low of $0.39. Currently, Seanergy Maritime has an average volume of 8.29M.
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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.