MARKET COMPOSITE
GNK - Genco Shipping & Trading Limited8:00:02 PM 4/24/2024
Price
$21.22
+ 0.10 (0.47%)
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 ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of February 25, 2020, the company's fleet consisted of 17 Capesize, 1 Panamax, 6 Ultramax, 20 Supramax, and 10 Handysize vessels with an aggregate capacity of approximately 4,914,000 deadweight tons. Genco Shipping & Trading Limited was founded in 2004 and is headquartered in New York, New York.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue115.5MM+39%
Operating Income7MM-123%
Operating Expenses108.5MM-
Net Income4.9MM-115%
G&A7MM+6%
Interest Expense2.6MM+31%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Outlines Genco’s Successful Comprehensive Value Strategy Reiterates Board’s Unanimous Recommendation that Shareholders Vote “FOR” the Re-Election of Genco’s Highly Qualified Nominees on the WHITE Proxy Card Today Advises Shareholders to Vote “WITHHOLD” Against George Economou’s Nominee, Robert Pons, and Reject His Agenda NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on

    NEW YORK, April 18, 2024--GK Investor LLC ("GK"), an affiliate of George Economou that is an approximately 5.3% shareholder of Genco Shipping & Trading Limited ("Genco" or the "Company") (NYSE: GNK), today announced that it has filed its definitive proxy statement with the U.S. Securities and Exchange Commission in connection with Genco’s 2024 Annual Meeting of Shareholders (the "Annual Meeting"), scheduled for May 23, 2024. In addition, GK is sending a letter to the Company’s shareholders which

    Urges Shareholders to Vote “FOR” the Re-Election of Genco’s Seven Highly Qualified Nominees on the WHITE Proxy Card Today Vote “AGAINST” George Economou’s Nominee and Shareholder Proposal Launches VoteForGenco.com Providing Additional Information for Shareholders NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced

    GK Investor is focused on removing the chairman of shipping firm Genco. Apollo Management slashed its stake in technology distributor TD Synnex.

    NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company’s results for the first quarter of 2024 on Thursday, May 9, 2024 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the first quarter ended March 31, 2024 on Wednesday, May 8, 2024 after the close of market trading

    Key Insights Given the large stake in the stock by institutions, Genco Shipping & Trading's stock price might be...

    NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has filed its preliminary proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming Annual Meeting of Shareholders. In its preliminary proxy statement, the Genco Board of Directors recommends that shareholders vote

    To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...

    NEW YORK, NY / ACCESSWIRE / March 12, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 13-14, ...

    Attendance is complimentary to investors & qualified attendees.1x1 Meetings Available Upon Request. NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading publicly listed Dry Bulk & Containers shipping companies will participate on panels at Capital Link’s 18th Annual International Shipping Forum on Monday, March 11, 2024 at the Metropolitan Club in New York City. Featuring senior executives from shipping and maritime companies, the event is organized in partnership with Cit