Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Genco Shipping & Trading Limited shares valued at $362,400 were sold by WOBENSMITH JOHN C on Sep 12 ’25. At $18.12 per share, WOBENSMITH JOHN C sold 20,000 shares. The insider’s holdings dropped to 525,733 shares worth approximately $8.69 million following the completion of this transaction.
Also, WOBENSMITH JOHN C sold 19,000 shares, netting a total of over 350,360 in proceeds. Following the sale of shares at $18.44 each, the insider now holds 506,733 shares.
Before that, John C. Wobensmith had added 82,752 shares to its account. In a trade valued at $1,469,675, the Chairman of the Board, CEO and bought Genco Shipping & Trading Limited shares for $17.76 each.
As published in a research note from Stifel on October 23, 2024, Genco Shipping & Trading Limited [GNK] has been rated down from a Buy to a Hold and the price target has been revised to $17 from $26. Analysts at BTIG Research downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of September 30, 2022, Stifel has initiated its “Buy” rating for GNK. Earlier on August 03, 2022, Alliance Global Partners initiated its rating. Their recommendation was “a Buy” for GNK stock.
Analyzing GNK Stock Performance
On last trading session, Genco Shipping & Trading Limited [NYSE: GNK] plunged -4.07% to $16.52. The stock’s lowest price that day was $16.52, but it reached a high of $17.17 in the same session. During the last five days, there has been a drop of approximately -7.35%. Over the course of the year, Genco Shipping & Trading Limited shares have dropped approximately -10.31%. Shares of the company reached a 52-week high of $19.60 on 09/24/25 and a 52-week low of $11.20 on 04/09/25.
Support And Resistance Levels for Genco Shipping & Trading Limited (GNK)
According to the 24-hour chart, there is a support level at 16.29, which, if violated, would cause prices to drop to 16.05. In the upper region, resistance lies at 16.99. The next price resistance is at 17.45. RSI (Relative Strength Index) is 34.55 on the 14-day chart, showing neutral technical sentiment.
Is Genco Shipping & Trading Limited subject to short interest?
Stocks of Genco Shipping & Trading Limited saw a sharp rise in short interest on 2025-09-15 jumping by 0.49 million shares to 3.59 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 3.1 million shares. A jump of 13.68% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.64 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.64.
Which companies own the most shares of Genco Shipping & Trading Limited (GNK)?
In terms of Genco Shipping & Trading Limited share price expectations, FactSet research, analysts set an average price target of 23 in the next 12 months, up nearly 33.57% from the previous closing price of $17.22. Analysts anticipate Genco Shipping & Trading Limited stock to reach 23 by 2025, with the lowest price target being 23. In spite of this, 3 analysts ranked Genco Shipping & Trading Limited stock as Buy at the end of 2025. On July 21, 2022, Jefferies assigned a price target of “a Buy” to the stock and initiated coverage with a $25.
