(GNK) Genco Shipping & Trading - Ratings and Ratios

Genco Shipping & Trading Limited, a global leader in drybulk transportation, specializes in the seaborne transport of iron ore, coal, grains, steel products, and other drybulk commodities. The company operates a fleet of owned and operated vessels, serving a diverse clientele that includes commodities traders, producers, and government entities. Established in 2004 and headquartered in New York, Genco Shipping & Trading Ltd is strategically positioned to capitalize on global trade flows. Web URL: https://www.gencoshipping.com

Genco Shipping & Trading Ltd (NYSE: GNK) operates within the marine transportation sector, focusing on the efficient movement of drybulk cargoes worldwide. The company’s fleet is chartered to a range of customers, including trading houses, commodity producers, and government-owned entities, ensuring a diversified revenue stream. Incorporated in 2004, Genco Shipping & Trading Ltd is headquartered in New York, New York, and maintains a strong presence in the global shipping industry.

3-Month Forecast Based on the provided data: - Technical Outlook: GNK is currently trading near its SMA 20 (14.48) and SMA 50 (14.31), indicating a neutral short-term trend. The SMA 200 (17.19) suggests downward pressure over the longer term. ATR (0.43) indicates moderate volatility. - Fundamental Outlook: With a P/E of 8.09 and P/B of 0.68, GNK appears undervalued relative to its book value. However, the forward P/E of 33.44 signals expectations of lower future earnings. A market cap of $605.02M and P/S of 1.43 reflect moderate growth potential. RoE of 1.38% indicates limited profitability relative to equity. Overall, GNK is expected to remain range-bound in the near term, with potential downside risks driven by weaker fundamental momentum.