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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...
Genco Shipping & Trading (NYSE:GNK) shares rose 8.2%, Wednesday, after Jefferies reinstated coverage on the maritime shipping stock at Buy rating. The firm sets price target at $27, which implies a potential upside of almost 29% on stock's last close. Jefferies' analyst Christopher R...
Gainers: Sky Harbour Group (SKYH) +29%, PaySign (PAYS) +10%, HyreCar (HYRE) +9%, Tecnoglass TGLS +7%, TuSimple Holdings (TSP) +6%. Losers: ToughBuilt Industries TBLT -42%, EuroDry (EDRY) -24%, Navios Maritime (NM) -17%, Genco Shipping & Trading (GNK) -16%, Golden ...
Two sample Breakout Stocks for Week 17 with better than 10% short-term upside potential and a Dow 30 pick. Average cumulative returns now up to +63.0% YTD. High frequency breakouts continue with peak gains in 2 of 4 picks above 10%: GNK +11.8%, SBLK +11.9% despite negative trading wee...
NEW YORK, April 18, 2022 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that Apostolos Zafolias, Chief Financial Officer; and Peter Allen, Senior Vice President, Strategy & Finance, are scheduled to present at Noble Capital Markets' NobleCon18 Inves...
Genco stock has gained about 100% in the previous 52-week period and almost 50% YTD. The company has an almost 11% dividend yield, revenue growth outpacing the shipping rate hikes, and a strong balance sheet. I rate the stock as a strong buy due to its ability to carry out strateg...
Two sample Breakout Stocks for Week 15 with better than 10% short-term upside potential and a Dow stock pick. Average cumulative returns now up to +62.37% YTD. High frequency breakouts continue with peak gains in a short trading week with 3 of 4 picks above 10%: METC +22.6%, BTU +16.1...
Gainers: Globus Maritime (GLBS) +10%, Genco Shipping & Trading (GNK) +10%, Navios Maritime (NM) +9%, Golden Ocean Group (GOGL) +9%, Alpine 4 Holdings (ALPP) +9%. Losers: Singularity Future Technology SGLY -17%, Guardforce AI GFAI -17%, USA Truck USAK -8%, System1 ...
NEW YORK, April 12, 2022 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company’s results for the first quarter of 2022 on Thursday, May 5, 2022 at 8:30 a.m. Eastern Time. The conference call wil...
Euronav (NYSE:EURN) jumped as much as 11% while Frontline (NYSE:FRO) fell as much as 6% Thursday after the shipping firms announced a proposed $4.2B merger that would create the world's largest oil tanker fleet. Other tanker stocks also are moving higher, including Nordic American Tankers (NA...
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2024-07-22 00:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company’s results for the second quarter of 2024 on Thursday, August 8, 2024 at 8:30 a.m. Eastern Time. The conference call will a...
2024-07-01 23:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...