Seanergy Maritime (SHIP) Receives a Hold from Noble Financial

Noble Financial analyst Poe Fratt maintained a Hold rating on Seanergy Maritime (SHIPResearch Report) today. The company’s shares closed last Thursday at $1.07, close to its 52-week low of $0.39.

According to TipRanks.com, Fratt is a 5-star analyst with an average return of 31.9% and a 54.6% success rate. Fratt covers the Industrial Goods sector, focusing on stocks such as Energy Services of America, Grindrod Shipping Holdings, and Great Lakes Dredge & Dock.

The the analyst consensus on Seanergy Maritime is currently a Hold rating.

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Based on Seanergy Maritime’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $19.65 million and net profit of $3.59 million. In comparison, last year the company earned revenue of $23.96 million and had a net profit of $747K.

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Seanergy Maritime Holdings Corp. is a shipping company, which engages in the seaborne transportation of dry bulk commodities. It focuses on owning and management of fleet of Capesize bulk carriers. The company was founded on January 4, 2008 and is headquartered in Athens, Greece.