Genco Shipping & Trading Limited (GNK)
Genco Shipping & Trading Limited operates in the Marine Shipping industry of the Industrials sector, headquartered in New York City, NY, US. The stock last traded at $25.04, up 1.29% on the session, giving a market capitalisation of $1.09B. On trailing twelve-month figures it carries a trailing P/E of 27.35, a net margin of 9.1%. Its beta of 0.90 implies it has historically moved less than the broad market.
Genco Shipping & Trading Limited, along with its associated companies, is a global participant in the maritime transport industry, focusing on the delivery of dry bulk commodities across the world's oceans. The firm owns and operates a fleet of dry bulk carrier vessels, which are utilized to convey various materials, including iron ore, coal, grains, steel products, and other loose bulk cargoes. These ships are predominantly leased to a range of clients such as major commodities traders, industrial producers, and state-owned organizations. As of December 31, 2021, Genco's fleet was composed of 44 dry bulk carriers, specifically featuring 17 Capesize, 15 Ultramax, and 12 Supramax vessels, collectively capable of transporting approximately 4,636,000 deadweight tons. Established in 2004, Genco Shipping & Trading Limited maintains its principal office in New York, New York.
Genco Shipping & Trading Limited is most often compared with the following Industrials names: