Site icon Market Globalist

Why Seanergy Maritime Holdings Corp. (SHIP) stock is facing early morning negativity on Tuesday?

SHIP Stock

SHIP Stock

Seanergy Maritime Holdings Corp. (SHIP) shares were falling 5.71% to trade at $1.32 in pre-market on Tuesday, September 14, 2021, as of this writing. Yesterday, SHIP’s stock gained 12.00% to close Monday’s session at $1.40. SHIP shares have risen 246.53% over the last 12 months, and they have moved up 10.24% in the past week. Over the past three months, the stock has gained 23.89%. The company has a current market of $226.46 million and its outstanding shares stood at 160.17 million.

Let’s have a brief discussion about its recent news and developments.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


>> 7 Top Picks for the Post-Pandemic Economy << 

SHIP participation in the recent investor conference

Read More

Addition of 7th Capesize, M/V Worldship to SHIP fleet

On September 8, 2021, Seanergy Maritime Holdings Corp. (SHIP) took the delivery of the previously announced Capesize vessel acquisition, the M/V Worldship. The Vessel is a 181,415 dwt Capesize bulk carrier, built in 2012 by Imabari of Japan. The M/V Worldship is the sixth Capesize delivery that Seanergy has completed in 2021 to date. The purchase price has been funded with cash on hand.

SHIP share repurchase plan

On August 11, 2021, the Board of Directors of Seanergy Maritime Holdings Corp (SHIP) approved a share repurchase plan. Under the Plan, the Company may repurchase up to $17 million of its outstanding common shares, representing approximately 10% of the Company’s market capitalization as of August 10, 2021.

SHIP recent financial results announcement

On July 29, 2021, Seanergy Maritime Holdings Corp (SHIP), announced its financial results for the second quarter ended June 30, 2021.

Q2 2021 financial highlights

Conclusion

Well, as of this writing, we have no recent news which could be linked with its negative stock on Tuesday. We hope that it will return towards positivity in the coming trading sessions.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Exit mobile version