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Genco Shipping & Trading Ltd
NYSE:GNK

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Genco Shipping & Trading Ltd
NYSE:GNK
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Price: 23.72 USD 3.27% Market Closed
Market Cap: $1B

GNK's latest stock split occurred on Jul 8, 2016

The company executed a 1-for-10 stock split, meaning that for every 10 shares held, investors received 1 new share.

Before the split, GNK traded at 0.53 per share. Afterward, the share price was about 3.9645.

The adjusted shares began trading on Jul 8, 2016. This was the only stock split in GNK's history.

Last Splits:
Jul 8, 2016
1-for-10
Pre-Split Price
3.5856 0.53
Post-Split Price
3.9645
Before
After
Last Splits:
Jul 8, 2016
1-for-10

Genco Shipping & Trading Ltd
Stock Splits History

GNK Stock Splits Timeline
Jul 8, 2016
Jul 8, 2016
Split 1-for-10
/0.1
Pre-Split Price
3.5856 0.53
Post-Split Price
3.9645
Before
After

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Genco Shipping & Trading Ltd
Glance View

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. The company is headquartered in New York City, New York and currently employs 990 full-time employees. The company went IPO on 2005-07-22. The firm transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels. Its wholly owned modern and diverse fleet of dry cargo vessels consists of Capesize, Ultramax and Supramax vessels that provide a link in international trade. Its fleet consists of approximately 44 drybulk carriers, including 17 Capesize drybulk carriers, 15 Ultramax drybulk carriers, and 12 Supramax drybulk carriers with an aggregate carrying capacity of approximately 4,636,000 deadweight tons (dwt). The firm's vessels include Baltic Bear, Baltic Hornet, Baltic Lion, Baltic Wolf, Genco Aquitaine, Genco Augustus, Genco Bourgogne, Genco Liberty, Genco Picardy and Genco Vigilant.

GNK Intrinsic Value
24.64 USD
Undervaluation 4%
Intrinsic Value
Price $23.72
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