Genco Shipping Trading Stock Price History
GNK Stock | USD 22.45 0.50 2.28% |
Below is the normalized historical share price chart for Genco Shipping Trading extending back to July 15, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Genco Shipping stands at 22.45, as last reported on the 6th of June, with the highest price reaching 22.68 and the lowest price hitting 22.00 during the day.
If you're considering investing in Genco Stock, it is important to understand the factors that can impact its price. We consider Genco Shipping very steady. Genco Shipping Trading holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Genco Shipping Trading, which you can use to evaluate the volatility of the firm. Please check out Genco Shipping's Risk Adjusted Performance of 0.1059, market risk adjusted performance of 0.2826, and Downside Deviation of 1.51 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
At this time, Genco Shipping's Stock Based Compensation is quite stable compared to the past year. . At this time, Genco Shipping's Price Fair Value is quite stable compared to the past year. Genco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of July 2005 | 200 Day MA 17.281 | 50 Day MA 21.545 | Beta 1.099 |
Genco |
Sharpe Ratio = 0.1133
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Genco Shipping is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Genco Shipping by adding it to a well-diversified portfolio.
Price Book 0.9615 | Enterprise Value Ebitda 15.9442 | Price Sales 2.2878 | Shares Float 41.8 M | Dividend Share 1.13 |
Genco Shipping Stock Price History Chart
There are several ways to analyze Genco Stock price data. The simplest method is using a basic Genco candlestick price chart, which shows Genco Shipping price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | May 20, 2024 | 22.88 |
Lowest Price | March 26, 2024 | 19.43 |
Genco Shipping June 6, 2024 Stock Price Synopsis
Various analyses of Genco Shipping's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Genco Stock. It can be used to describe the percentage change in the price of Genco Shipping from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Genco Stock.Genco Shipping Price Rate Of Daily Change | 1.02 | |
Genco Shipping Price Action Indicator | 0.36 | |
Genco Shipping Accumulation Distribution | 18,358 | |
Genco Shipping Price Daily Balance Of Power | 0.74 |
Genco Shipping June 6, 2024 Stock Price Analysis
Genco Stock Price History Data
The price series of Genco Shipping for the period between Fri, Mar 8, 2024 and Thu, Jun 6, 2024 has a statistical range of 3.55 with a coefficient of variation of 5.19. Under current investment horizon, the daily prices are spread out with arithmetic mean of 20.93. The median price for the last 90 days is 20.63. The company completed 1:10 stock split on 8th of July 2016. Genco Shipping Trading completed dividends distribution on 2024-05-21.Open | High | Low | Close | Volume | ||
06/05/2024 | 22.07 | 22.68 | 22.00 | 22.45 | 612,278 | |
06/04/2024 | 22.28 | 22.53 | 21.84 | 21.95 | 414,294 | |
06/03/2024 | 22.59 | 22.60 | 22.13 | 22.40 | 434,890 | |
05/31/2024 | 22.36 | 22.53 | 22.21 | 22.52 | 501,554 | |
05/30/2024 | 22.09 | 22.37 | 21.95 | 22.29 | 584,942 | |
05/29/2024 | 21.58 | 22.12 | 21.55 | 22.02 | 830,998 | |
05/28/2024 | 22.25 | 22.25 | 21.62 | 21.86 | 765,555 | |
05/24/2024 | 21.92 | 22.33 | 21.89 | 22.11 | 643,295 | |
05/23/2024 | 22.30 | 22.38 | 21.51 | 21.64 | 863,332 | |
05/22/2024 | 22.54 | 22.57 | 21.97 | 22.13 | 710,073 | |
05/21/2024 | 22.86 | 23.11 | 22.75 | 22.78 | 583,745 | |
05/20/2024 | 23.14 | 23.39 | 22.88 | 22.88 | 658,921 | |
05/17/2024 | 23.09 | 23.21 | 22.76 | 22.76 | 554,464 | |
05/16/2024 | 22.73 | 23.06 | 22.61 | 22.61 | 652,365 | |
05/15/2024 | 22.83 | 22.85 | 22.12 | 22.12 | 888,631 | |
05/14/2024 | 22.91 | 22.99 | 22.42 | 22.42 | 889,940 | |
05/13/2024 | 22.99 | 23.12 | 22.54 | 22.54 | 833,640 | |
05/10/2024 | 23.00 | 23.16 | 22.43 | 22.43 | 826,509 | |
05/09/2024 | 22.86 | 23.43 | 22.30 | 22.30 | 1,087,067 | |
05/08/2024 | 22.30 | 22.67 | 22.21 | 22.24 | 1,004,190 | |
05/07/2024 | 21.93 | 22.54 | 21.88 | 22.04 | 1,097,182 | |
05/06/2024 | 21.96 | 22.13 | 21.46 | 21.46 | 690,389 | |
05/03/2024 | 22.27 | 22.38 | 21.86 | 21.86 | 526,192 | |
05/02/2024 | 21.94 | 22.24 | 21.74 | 21.77 | 658,478 | |
05/01/2024 | 21.35 | 21.91 | 21.27 | 21.37 | 601,450 | |
04/30/2024 | 21.42 | 21.53 | 20.96 | 20.96 | 550,489 | |
04/29/2024 | 21.49 | 21.52 | 21.03 | 21.03 | 583,081 | |
04/26/2024 | 21.34 | 21.62 | 21.16 | 21.16 | 471,918 | |
04/25/2024 | 21.10 | 21.35 | 20.85 | 20.85 | 519,462 | |
04/24/2024 | 21.22 | 21.28 | 20.84 | 20.84 | 362,301 | |
04/23/2024 | 20.85 | 21.31 | 20.74 | 20.74 | 539,339 | |
04/22/2024 | 20.48 | 20.98 | 20.43 | 20.43 | 475,179 | |
04/19/2024 | 20.33 | 20.72 | 20.18 | 20.18 | 429,755 | |
04/18/2024 | 20.20 | 20.47 | 19.91 | 19.91 | 403,610 | |
04/17/2024 | 20.56 | 20.69 | 19.89 | 19.89 | 402,151 | |
04/16/2024 | 20.50 | 20.61 | 20.02 | 20.02 | 422,377 | |
04/15/2024 | 20.74 | 21.01 | 20.28 | 20.28 | 344,404 | |
04/12/2024 | 20.85 | 20.95 | 20.18 | 20.18 | 439,655 | |
04/11/2024 | 20.88 | 21.21 | 20.57 | 20.57 | 632,293 | |
04/10/2024 | 20.25 | 20.89 | 20.23 | 20.24 | 513,223 | |
04/09/2024 | 20.32 | 20.48 | 20.01 | 20.01 | 642,327 | |
04/08/2024 | 20.78 | 20.78 | 19.95 | 19.95 | 502,344 | |
04/05/2024 | 20.55 | 20.79 | 20.35 | 20.35 | 500,322 | |
04/04/2024 | 20.94 | 21.01 | 20.18 | 20.18 | 561,452 | |
04/03/2024 | 20.24 | 21.06 | 20.08 | 20.63 | 819,804 | |
04/02/2024 | 20.21 | 20.24 | 19.70 | 19.70 | 869,774 | |
04/01/2024 | 20.50 | 20.57 | 20.01 | 20.01 | 995,045 | |
03/28/2024 | 20.19 | 20.70 | 19.96 | 19.96 | 600,150 | |
03/27/2024 | 19.91 | 20.17 | 19.78 | 19.78 | 502,316 | |
03/26/2024 | 19.99 | 20.17 | 19.43 | 19.43 | 915,206 | |
03/25/2024 | 20.40 | 20.44 | 19.69 | 19.69 | 597,315 | |
03/22/2024 | 20.32 | 20.50 | 20.05 | 20.05 | 530,368 | |
03/21/2024 | 19.86 | 20.43 | 19.86 | 19.95 | 666,545 | |
03/20/2024 | 19.67 | 19.90 | 19.39 | 19.46 | 964,750 | |
03/19/2024 | 20.21 | 20.31 | 19.68 | 19.68 | 949,597 | |
03/18/2024 | 20.38 | 20.40 | 19.89 | 19.89 | 605,284 | |
03/15/2024 | 20.45 | 20.59 | 20.05 | 20.05 | 897,474 | |
03/14/2024 | 20.84 | 20.88 | 20.12 | 20.12 | 660,311 | |
03/13/2024 | 21.20 | 21.24 | 20.46 | 20.46 | 557,221 | |
03/12/2024 | 20.77 | 21.22 | 20.49 | 20.80 | 842,675 | |
03/11/2024 | 20.45 | 20.79 | 20.22 | 20.41 | 552,710 |
About Genco Shipping Stock history
Genco Shipping investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Genco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Genco Shipping Trading will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Genco Shipping stock prices may prove useful in developing a viable investing in Genco Shipping
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 42.8 M | 44.9 M | |
Net Income Applicable To Common Shares | 142.7 M | 149.9 M |
Genco Shipping Quarterly Net Working Capital |
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Genco Shipping Stock Technical Analysis
Genco Shipping technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Genco Shipping Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Genco Shipping's price direction in advance. Along with the technical and fundamental analysis of Genco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Genco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1059 | |||
Jensen Alpha | 0.2136 | |||
Total Risk Alpha | 0.1873 | |||
Sortino Ratio | 0.1393 | |||
Treynor Ratio | 0.2726 |
Cycle Indicators | ||
Math Operators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Information and Resources on Investing in Genco Stock
When determining whether Genco Shipping Trading is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genco Shipping Trading Stock. Highlighted below are key reports to facilitate an investment decision about Genco Shipping Trading Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genco Shipping Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.167 | Dividend Share 1.13 | Earnings Share 0.07 | Revenue Per Share 9.498 | Quarterly Revenue Growth 0.244 |
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.