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A statement released earlier today by Zacks Investment Research about Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) raises the target price to $6.00

Having a price of $5.36, Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) traded 0.00% even on the day. With the last close down -3.99% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $4.86 and a 200-day moving average of $5.58. 43,480 shares of GNK traded hands, down from an average trading volume of 174,906

In a report released on 10/17/2016 Zacks Investment Research increased the target of Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) to $6.00 stating a potential upside of 0.12%.

Recent Performance Chart

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

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) has 52 week low of $3.62 and a 52 week high of $32.50 and has a market capitalization of $0.

General Company Details For Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK)

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes through the ownership and operation of dry bulk carrier vessels worldwide. The company charters its vessels primarily to trading houses consisting of commodities traders; producers; and government-owned entities. The companyÂ’s fleet includes 13 Cape size, 8 Panamax, 4 Ultra max, 21 Supra max, 6 Handy max, and 18 Handy size dry bulk carriers with an aggregate carrying capacity of approximately 5,158,000 deadweight tons (dwt). Genco Shipping & Trading Limited was incorporated in 2004 and is based in New York, New York.

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