|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||8.47 / 16.29|
The good news is that there is some stock picking that is working well.
Bulls gain strength from Apple repatriation announcement, short covering.
This market may be extended by just about any measure, but that doesn't mean you should be fighting it.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.
Appoints Ivo Kempenaer as Vice President and Commercial Director, Head of Major Bulks
The most recent short interest data has been released for the 06/30/2017 settlement date, which shows a 10,520,199 share decrease in total short interest for Genco Shipping & Trading Ltd , to 706,015.0, a decrease of 93.71% since 06/14/2013. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
In recent trading, shares of Genco Shipping & Trading Ltd have crossed above the average analyst 12-month target price of $11.00, changing hands for $11.13/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
In recent trading, shares of Genco Shipping & Trading Ltd have crossed above the average analyst 12-month target price of $9.50, changing hands for $9.89/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
With the drybulk market having reached a 30 year low in 2016, the outlook for 2017 - and beyond - has significantly improved, says Genco Shipping President John Wobensmith.
Sea-transport provider rallies as scant inventory of its shares sparks dramatic short squeeze.
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