How to Buy Seanergy Maritime Holdings Stock
Seanergy Maritime Holdings Corp
Seanergy Maritime Holdings Corp. , a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide.
Seanergy Maritime Holdings stock last closed at $5.24, down 4.2% from the previous day, and has decreased 43.78% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.22 percentage points. Seanergy Maritime Holdings stock is currently +9.62% from its 52-week low of $4.78, and -60.28% from its 52-week high of $13.19.
At the moment, there are 20.37M shares of SHIP outstanding. The market cap of SHIP is $106.76M. In the past 24 hours, 58,679 SHIP shares were traded.
How to Buy Seanergy Maritime Holdings Stock
Not sure how to invest in Seanergy Maritime Holdings stock? Here's how.
- Choose where to buy Seanergy Maritime Holdings stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Seanergy Maritime Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your payment method and add your information.
- Research Seanergy Maritime Holdings stock: The Seanergy Maritime Holdings ticker symbol is SHIP. Is Seanergy Maritime Holdings stock a good investment? Should you buy shares of SHIP? How do SHIP's underlying business fundamentals look? Do top analysts think Seanergy Maritime Holdings is a good buy? Why has SHIP's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if SHIP is a good stock to buy).
- Make your SHIP buy order: Decide if you will purchase SHIP shares at the current market price or use a limit order to purchase SHIP shares at a particular price.
- Get updates on your SHIP investment: Create a watchlist to get live updates on your new investment in Seanergy Maritime Holdings stock.
Step 1: Choose where to buy Seanergy Maritime Holdings stock
You will need a brokerage account to access the NASDAQ market and buy SHIP stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you are able to buy SHIP today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you've finished signing up on the best stock app for beginners, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring funds into your investment account.
Step 4: Research Seanergy Maritime Holdings stock
After you have figured out the best place to buy Seanergy Maritime Holdings stock, it's very important to analyze their stock prior to buying, so you can wrap your head around the risk and upside.
Seanergy Maritime Holdings Metrics
SHIP Due Diligence Checks
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on SHIP's stock page.
Is SHIP stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SHIP's fair value.
Using relative valuations methods:
- SHIP could be undervalued based on its P/E ratio of 2.47x, relative to Marine Shipping industry P/E ratio of 8.5x
- SHIP may be undervalued based on its P/B ratio of 0.41x, relative to Marine Shipping industry P/B ratio of 0.69x
You can do additional valuation research on SHIP's stock here.
SHIP Financial Overview
Passed Financial Due Diligence Checks:
- SHIP's operating cash flow of $75.28M allows it to safely service it's debt of $257.87M.
- SHIP profit margin has gone up from 2.1% to 26% in the past year.
- Total SHIP debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- SHIP has a relatively high debt to equity ratio of 1.08.
- SHIP earnings of $64.08M is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the SHIP balance sheet.
- There are more long-term liabilities than short-term assets on the SHIP balance sheet.
Is it a good time to buy SHIP stock, according to analysts?
Out of 1 sell side analysts who research SHIP, the consensus analyst rating on Seanergy Maritime Holdings is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Seanergy Maritime Holdings stock forecast page.
SHIP Technicals
How are SHIP Revenues/Earnings doing?
Last year, SHIP earnings were $43.47M. During the last 3 year, SHIP's earnings have gone up by -59.89% per year. This was slower than the Marine Shipping industry average of 39.43%.
Last year, SHIP revenue was $167.46M. During the past 5 year, SHIP's revenue has gone up by 14.12% per year. This was slower than the Marine Shipping industry average of 37.34%.
You can research SHIP's earnings and revenue performance here.
Are SHIP insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at SHIP have not bought or sold any shares.
Dig into more about who owns SHIP stock here.
Does SHIP stock generate passive income?
Seanergy Maritime Holdings pays a dividend of 9.54%, compared to the Marine Shipping industry's average dividend yield of 21.89%. If you owned $1,000 worth of SHIP stock, you would have been paid $95.42 in the past year.
Seanergy Maritime Holdings dividend payments have not consistently grown over the past decade and have not remained stable.
Find more data about Seanergy Maritime Holdings dividend yield and history here.
What do other traders have to say about SHIP?
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Step 5: Make your SHIP buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open button and your broker will execute your order.
If you need additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your SHIP investment
Now that you own some SHIP stock, you'll want to stay up-to-date on your new shares.
Put SHIP on a watchlist to keep track of your SHIP stock.
SHIP Feed
How to Buy Stock in Seanergy Maritime Holdings
To summarize, here are the 6 steps to buy stock in Seanergy Maritime Holdings:
- Choose where to buy Seanergy Maritime Holdings stock
- Open your brokerage account
- Fund your brokerage account
- Research Seanergy Maritime Holdings stock
- Make your SHIP buy order
- Get updates on your SHIP investment
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Seanergy Maritime Holdings, click below.
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