Price Change to Note: What’s Ahead for Seanergy Maritime Holdings Corp. After Today’s Huge Increase?

Price Change to Note: What's Ahead for Seanergy Maritime Holdings Corp. After Today's Huge Increase?

The stock of Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) is a huge mover today! About 393,327 shares traded hands. Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) has risen 5.15% since April 21, 2016 and is uptrending. It has underperformed by 0.18% the S&P500.
The move comes after 6 months positive chart setup for the $48.93 million company. It was reported on Nov, 23 by Barchart.com. We have $2.81 PT which if reached, will make NASDAQ:SHIP worth $2.94M more.

Analysts await Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) to report earnings on December, 15.

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 news for Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) were recently published by: Marketwired.com, which released: “Seanergy Maritime Holdings Corp. Announces Pricing of $3.6 Million Registered …” on November 18, 2016. Marketwatch.com‘s article titled: “Seanergy Maritime Holdings Corp. Announces Pricing of $4.9 Million Registered …” and published on August 05, 2016 is yet another important article.

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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