Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) is Initiated by Seaport Global Securities to Neutral, Price Target at $6

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) was Initiated by Seaport Global Securities to “Neutral” and the brokerage firm has set the Price Target at $6. Seaport Global Securities advised their investors in a research report released on Aug 2, 2016.

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) closed down -0.12 points or -2.00% at $5.87 with 19,351 shares getting traded on Friday. Post opening the session at $5.99, the shares hit an intraday low of $5.8 and an intraday high of $5.99 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Aug 14, 2015, John C Wobensmith (President and Secretary) sold 17,190 shares at $7.00 per share price. According to the SEC, on Aug 11, 2015, Apostolos Zafolias (Chief Financial Officer) sold 3,038 shares at $7.18 per share price. On Aug 11, 2015, Joseph Adamo (Chief Accounting Officer) sold 922 shares at $7.17 per share price, according to the Form-4 filing with the securities and exchange commission.

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands)

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Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) - Is it time to Sell?

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