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Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) has been upgraded to Hold in a statement by ValuEngine earlier today.

ValuEngine has upgraded Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) to Hold in a statement released on Friday July 07, 2017.

Having a price of $9.06, Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) traded 6.85% higher on the day. With the last stock price down 11.81% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. GNK has recorded a 50-day average of $10.06 and a two hundred day average of $10.60. Trade Volume was up over the average, with 113,777 shares of GNK changing hands over the typical 100,158

Recent Performance Chart

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

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) has with a one year low of $3.62 and a one year high of $14.99 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 worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ores, coal, grains, steel products, and other dry-bulk cargoes. The company charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of March 28, 2017, its fleet consisted of 13 Capesize, 6 Panamax, 4 Ultramax, 21 Supramax, 2 Handymax, and 15 Handysize vessels with an aggregate capacity of approximately 4,735,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is based in New York, New York.

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