Genco Shipping & Trading Limited (GNK) is down -5.50% in one week, should you buy?
Genco Shipping & Trading Limited (GNK) is at the top of the shipping industry according to Investors Observer. GNK received an overall rating of 77 which means it scores over 77% of all stocks. Genco Shipping & Trading Limited also achieved a score of 95 in the shipping industry, which places it above 95% of shipping stocks. Maritime transport is ranked 54th out of 148 industries.
What do these notes mean?
Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks to determine which ones are performing the best. Investor Observer makes the whole process easier by using percentile rankings that make it easy for you to find stocks that have the strongest analyst valuations.
These scores are not only easy to understand, but it is also easy to compare stocks with each other. You can find the best stock in an industry, or search for the industry with the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the security number before making investment decisions.
What is going on with Genco Shipping & Trading Limited Stock today?
Genco Shipping & Trading Limited (GNK) stock fell -2.14% while the S&P 500 was up 0.22% at 11:06 am on Wednesday, May 26. 330,318 shares. Over the past year, the S&P 500 has risen 40.30% while the GNK is higher by 217.65%. GNK has lost – $ 2.46 per share in the past 12 months.
Click here for the full Genco Shipping & Trading Limited (GNK) Stock Score Report.