Is Genco Shipping & Trading Limited (GNK) a Good Buy in the Marine Shipping Industry?

Genco Shipping & Trading Limited (GNK) is around the top of the Marine Shipping industry according to InvestorsObserver. GNK received an overall rating of 73, which means that it scores higher than 73 percent of all stocks. Genco Shipping & Trading Limited also achieved a score of 82 in the Marine Shipping industry, putting it above 82 percent of Marine Shipping stocks. Marine Shipping is ranked 15 out of the 148 industries.

GNK has an Overall Score of 73. Find out what this means to you and get the rest of the rankings on GNK!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 73 would rank higher than 73 percent of all stocks.

These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has 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 headline number before making any investment decisions.

What’s Happening With Genco Shipping & Trading Limited Stock Today?

Genco Shipping & Trading Limited (GNK) stock is trading at $16.99 as of 11:42 AM on Friday, Jul 8, an increase of $0.03, or 0.18% from the previous closing price of $16.96. Volume today is less active than usual. So far 236,767 shares have traded compared to average volume of 1,243,761 shares. The stock has traded between $16.78 and $17.15 so far today.

Click Here to get the full Stock Report for Genco Shipping & Trading Limited stock.

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