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 $8.64, down 2.26% from the previous day, and has decreased 21.31% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.02 percentage points. Seanergy Maritime Holdings stock is currently +80.75% from its 52-week low of $4.78, and -31.7% from its 52-week high of $12.65.
At the moment, there are 20.37M shares of SHIP outstanding. The market cap of SHIP is $176.03M. In the past 24 hours, 93,000 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.
Our favorite brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Financial Services, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today. This offer is only for US users.
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.
How to Create a New Investment Account on eToro
- 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.
- Provide your personal details to open your new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
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 4.08x, relative to Marine Shipping industry P/E ratio of 10.31x
- SHIP may be undervalued based on its P/B ratio of 0.67x, relative to Marine Shipping industry P/B ratio of 0.89x
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.
You can dive deeper into what analysts are projecting on the Seanergy Maritime Holdings stock forecast page.
SHIP Momentum
Is SHIP Growing Revenue?
Last year, SHIP earnings were $43.47M. Over the past 3 year, SHIP's earnings have gone up by -59.89% per year. This was slower than the Marine Shipping industry average of 10.6%.
Last year, SHIP revenue was $167.46M. Over the last five year, SHIP's revenue has increased by 14.12% per year. This was slower than the Marine Shipping industry average of 22.28%.
You can research SHIP's earnings and revenue performance here.
Who is buying/selling SHIP?
Over the past 12 months, executives and large shareholders at SHIP have not bought or sold any shares.
Research more about who owns SHIP shares here.
Does SHIP provide a stable income stream?
Seanergy Maritime Holdings pays a dividend of 4.63%, compared to the Marine Shipping industry's average dividend yield of 11.29%. If you owned $1,000 worth of SHIP stock, you would have received $46.30 last year.
Seanergy Maritime Holdings dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Seanergy Maritime Holdings dividend yield and history here.
What others are saying about SHIP
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your SHIP buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open Trade button and your broker will place your order.
If you need more info about 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 keep up with your new stock purchase.
Start a watchlist to get alerted to the latest events about your SHIP stock.
SHIP Feed
How to Buy Stock in Seanergy Maritime Holdings
To reiterate, here are the 6 steps you need to take to buy Seanergy Maritime Holdings stock right now:
- 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 need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Seanergy Maritime Holdings, add SHIP to your watchlist below.
More Content You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.