What is Genco Shipping & Trading Ltd?
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. It operates through two segments: major bulk and minor bulk fleet. The company is listed on the NYSE in USA, operating in the Industrials sector, with a market capitalisation of 1.21B, and a P/E ratio of 30.4x.
A short list of Marine Shipping names that are close enough in size to make side-by-side comparison useful.
| Shares sold | Shares bought | |
|---|---|---|
| 0-3months | 0 | 0 |
| 3-6months | 0 | 0 |
| 6-9months | 655,824 shares $1.3M | 0 |
| 9-12months | 0 | 0 |