GRIN News and Press, Grindrod Shipping Holdings Ltd. From 04/27/22

Here are the latest headlines in the Russia-Ukraine crisis: Tanker, shipping stocks gain on Russia gas cuts Tanker and shipping stocks are rallying Wednesday on word that Russia is cutting gas supplies to Poland and Bulgaria. Big gainers include Grindrod Shipping Holdings (GRIN), Tsakos Energ...

Euronav (NYSE:EURN) +2.2% on Wednesday even after Jefferies downgraded shares to Hold from Buy with a $12 price target, cut from $13, as tanker and shipping stocks are rallying on reports that Russia will halt gas flows to Poland and Bulgaria, as tankers will be needed to ship incremental gas...

Grindrod Shipping (NASDAQ:GRIN) shares surged ~10% Wednesday on ratings initiation by Jefferies Financial Group. Jefferies initiated coverage of Grindrod Shipping (GRIN) with a recommendation of buy. The brokerage assigned a $26 price target on the stock, implying a 11% increase fro...

Gainers: Sky Harbour Group (SKYH) +16%, ENGlobal (ENG) +10%, Mastech Digital (MHH) +10%, Grindrod Shipping (GRIN) +9%, Insperity NSP +8%. Losers: Global Internet of People (SDH) -16%, Heidrick & Struggles International (HSII) -15%, General Electric GE -11%, F...

Since my first article on SBLK, the stock's price increased by more than 45% to $32 per share, then retreated to below $30. Based on my new calculations, the stock is worth $31 per share. However, based on the market condition, I believe the stock is worth even more. Iron ore pric...

Grindrod Shipping has seen its earnings soar in 2021 on the back of higher charter rates for dry bulkers. The company has deftly applied those earnings to pay down debt, buy back shares, and initiate a dividend policy. With the retirement of the company's CEO, suggestions that the...

Grindrod Shipping struggled for years as they faced a downturn that left their financial position overleveraged. Thankfully 2021 provided relief with booming operating conditions sending their cash flow performance surging many magnitudes higher. Whether these very strong operatin...

Gainers: Civeo (CVEO) +13%, Grindrod Shipping (GRIN) +10%, Nordic American Tankers (NAT) +9%, Bird Global (BRDS) +6%, Steel Partners (SPLP) +5%. Losers: Singularity Future Technology (SGLY) -14%, Sky Harbour Group (SKYH) -10%, Ameresco (AMRC) -8%, Draganfly (DPRO) -8%, Triton I...

Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) traded at a new 52-week high today of $28.50. Approximately 133,000 shares have changed hands today, as compared to an average 30-day volume of 527,000 shares. Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) defies analysts with a current price...

Grindrod Shipping's (NASDAQ:GRIN) CEO Martyn Wade is retiring after more than 14 years of service with the company and its predecessors. Mr. Wade will retire on April 30, 2022 and will also relinquish his board position at the company. Concurrently, the Board of Directors has appointed Stephe...