Stock Mover of the Day: What’s in Seanergy Maritime Holdings Corp. After Today’s Big Decline?

Stock Mover of the Day: What's in Seanergy Maritime Holdings Corp. After Today's Big Decline?

The stock of Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) is a huge mover today! The stock decreased 0.34% or $0.01 on October 5, hitting $2.95. About 64,634 shares traded hands. Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) has risen 11.70% since March 2, 2016 and is uptrending. It has outperformed by 3.44% the S&P500.
The move comes after 8 months negative chart setup for the $59.64 million company. It was reported on Oct, 5 by We have $2.54 PT which if reached, will make NASDAQ:SHIP worth $8.35M less.

According to Zacks Investment Research, “Seanergy Maritime Corp. is a newly organized Business Combination Company, or BCC. A BCC is a blank check company formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition or other similar business combination, an unidentified operating business. The Company intends to focus on identifying one or more businesses or assets in the maritime shipping industry, but will not be limited to pursuing acquisition opportunities only within that industry.”

More notable recent Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) news were published by: which released: “Earnings Reaction History: Seanergy Maritime Holdings Corp., 40.0% Follow …” on December 17, 2015, also with their article: “News Seanergy Maritime Holdings Corp.SHIP” published on February 11, 2011, published: “BRIEF-Seanergy Maritime Holdings reports Q2 loss per share of $0.26” on September 29, 2016. More interesting news about Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) were released by: and their article: “Seanergy Maritime Holdings Corp. Sets Date for the Second Quarter Ended June …” published on September 28, 2016 as well as‘s news article titled: “BRIEF-Seanergy Maritime Holdings Corp Qtrly loss per share $0.35” with publication date: June 16, 2016.

SHIP Company Profile

Seanergy Maritime Holdings Corp. (Seanergy), incorporated on January 4, 2008, is an international shipping company. The Firm specializes in the seaborne transportation of drybulk commodities across the world. The Firm owns over six Capesize and over two Supramax vessels. The Company’s fleet comprises vessels, including Leadership, Gloriuship, Geniuship, Premiership, Squireship, Championship, Gladiatorship and Guardianship. The Company’s subsidiaries, which are all, owned by it either directly or indirectly, conduct all of its activities and own all of its operating assets. The Firm manages its vessel’s operations, insurances and bunkering, and has the general supervision of its third-party technical and commercial managers.

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