What’s happening to Gener8 Maritime Inc. (NYSE:GNRT)?

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How far has the equity of Gener8 Maritime, Inc. (NYSE:GNRT) come to trade at their latest price of $5.23, which gives it a market capitalization of $416.99M.

To trade now at $5.23, the stock has come from a 52-week low of $48.58%. But the current price also assesses with the 52-week hit of $-20.88%.

The Barchart Technical Opinion rating is a 16% Sell with a Average short term outlook on maintaining the current direction. Longer term, the trend strength is Minimum.

Recently, Gener8 Maritime, Inc. (NYSE:GNRT) announced that the stock?s journey to the latest price can be understood by assessing at its performance from the previous week down to the 12-months. The stock’s weekly performance was -5.25%% and its monthly performance is 8.06%. For the quarter, the equity has moved 0.58% and for half-year it has moved 22.77%. So far this year the equity has moved -17.77% and for the previous 12 months it has moved 16.74%.

Studying simple moving averages also indicate the stock’s journey so far. The 20-Day Simple Moving Average is $-1.58%, the 50-Day SMA is $-1.13%, while the 200-Day SMA is $5.73%.

In terms of financial performance, Gener8 Maritime, Inc. reported gross margin of 69.40% for the last 12 months operating margin of 23.40% for the equivalent period. Net profit margin was noted at 8.30%. With that, Gener8 Maritime, Inc. posted EPS of $0.40.

That said, Gener8 Maritime, Inc. has P/E of 13.01. EPS growth this year is projected to be -60.40% and Forward P/E is calculated to 11.67.

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