Professional
Added to YB: 2023-10-30
Pitch date: 2023-10-30
GNK [bullish]
Genco Shipping & Trading Limited
+57.98%
current return
Author Info
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Company Info
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide.
Market Cap
$787.5M
Pitch Price
$11.46
Price Target
N/A
Dividend
8.02%
EV/EBITDA
12.93
P/E
-108.56
EV/Sales
2.60
Sector
Marine Transportation
Category
value
Show full summary:
Appleseed Fund new holding: Genko Shipping & Trading (GNK)
GNK: Drybulk shipper slashed 50% from June '22 peak despite stronger B/S, FCF returns to shareholders, low breakeven rate & 33% discount to NAV. Bullish on low order books & China recovery. Attractive valuation promises strong returns for Appleseed investors.
Read full article (1 min)